November 23, 2020/Access Bank Report

November 23, 2020/United Capital Report Earlier the National Bureau of Statistics (NBS) published the Q3-2020 GDP numbers. Unsurprisingly, economic activities contracted in Q3-2020, making it the second consecutive quarter of negative growth, implying a technical recession. According to the report, real GDP declined by 3.6% y/y, representing an improvement from […]

November 23, 2020/Proshare  by FBNQuest Research Today the monetary policy committee (MPC) holds its latest meeting. It created a shock two months ago with a 100bp rate cut but we feel that this time it will revert to pause mode and opt for ‘hold’. The committee meets with access to […]