As the year 2013 unfolds, key domestic and global variables that had collapsed and remained subdued in the aftermath of the global crisis are now steadily approaching the peaks they had attained prior to the 2008/2009 global economic and financial meltdown. Should these trends persist, it is reasonable to expect that:
Nigeria’s external reserves, now about US$50 billion, should surpass its July 2008 peak of US$60.2 billion in a matter of quarters;
Market capitalization on the Nigerian stock exchange, now about N11.2 trillion, should surpass its February 2008 peak of N12.5 trillion in a matter of quarters.
These are happening amidst talks that global financial climate has firmly entered a post-crisis phase. It could indeed be 2006 all over again! Participants at EA conferences will track the main post-crisis trends and assess their implications for inflation, interest rates, exchange rate, liquidity, spending and real growth at national, sectoral, regional, and state levels, with a view towards early identification of opportunities and risks in the budding post-crisis phase.