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NSE CEO Oscar Onyema reveals his market outlook for 2017
CNBC Africa caught up with the Nigerian Stock Exchange CEO Oscar Onyema, at the World Economic Forum in Davos and started by asking him about his outlook for the markets this year.
Fri, 20 Jan 2017 08:16:35 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Increased oil output and government revenues could drive market activity
- Moderation of inflation and pent-up demand for secondary issuances are key factors to watch
- Progress in addressing security and corruption could improve ease of doing business
The global economic landscape is constantly evolving, and investors are eager to gain insights into what lies ahead for the financial markets in 2017. In a recent interview on CNBC Africa, NSE CEO Oscar Onyema shared his market outlook for the year, shedding light on key factors that could shape the investment landscape in Nigeria and beyond. Onyema's perspective is cautiously optimistic, rooted in a careful analysis of various economic indicators and government policies. One of the key drivers of his optimism is the potential for increased oil output, which could lead to improved government revenues and liquidity. Additionally, Onyema pointed to the moderation of inflation and the pent-up demand for secondary issuances as factors that could drive market activity in the coming months. He also highlighted the progress made by the government in addressing security and corruption issues, which could boost the ease of doing business in the country. Onyema's insights provide valuable guidance for investors looking to navigate the complex and dynamic financial markets in 2017.
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