Sovereign Analysis /
Nigeria

Nigeria: Swan song for Emefiele as Tinubu prepares to take office

  • The CBN hiked by 50bps yesterday to 18.5% in what could be the last MPC meeting for Governor Emefiele

  • Incoming President Tinubu takes office on 29th and expectations will be high for first 100 days in office

  • Failure to quickly liberalise FX rate and remove fuel subsidy would bode ill for reform prospects; retain Buy on credit

Nigeria: Swan song for Emefiele as Tinubu prepares to take office
Patrick Curran
Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

Tellimer Research
25 May 2023
Published byTellimer Research

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