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Nigeria Missing In Global Investment Destinations - Business - Nairaland

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Nigeria Missing In Global Investment Destinations by ifyan(m): 8:49am On Mar 16, 2016
Against the backdrop of Nigerian equities market’s bearishness, which experts blamed on the sliding value of the Naira against the dollar, which made foreign portfolio investors to dump their shares, a notable international investment advisory agency –



The Credit Suisse – in its Investment Solutions & Products (IS&P) team’s report, published in late last year, on opportunities to invest in select emerging markets in 2016, had excluded Nigeria and other African countries but points to stock markets that are in Asian countries where inflation is low, currencies are stable and countries import more commodities than they export – specifically, India, South Korea, and Taiwan.

The report describes India’s economy as large and domestically oriented, offering a buffer in the event of a further slowdown in China or weaker-than-expected growth in the developed world.

“Indian’s GDP expects to expand by 7.3 per cent in 2016, up from 6.9 per cent in 2015,” the report reveals.

South Korea and Taiwan, according to the report, are expected to be relatively immune to the deleterious effects of any further U.S. dollar appreciation in 2016.

Specifically, South Korea, the report further reveals, is emerging world’s largest........

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Re: Nigeria Missing In Global Investment Destinations by Dexpro: 9:22am On Mar 16, 2016
Sorry case.

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