July 5, 2012/ Financial Derivatives Company Limited
There has been a $30 slump in the price of oil this quarter followed by a $5 slash in the month of June. As an economy that is vulnerable to commodity price shocks, Nigerian policy makers are already developing recessionary jitters. Are these fears unfounded, misplaced or overblown?
At this month’s breakfast club meeting, Bismarck Rewane and FDC’s team of economists and financial analysts dive deep into the probability of the start of another cyclical downturn in Nigeria, comparing it to the 2008/09 period.
They also discuss the adjustment options available in response to these threats. This is a MUST READ for investors, manufacturers and managers.