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 […]
OPINION/EDITORIAL
Nigeria Economy Slides into Recession; Albeit, Q3 2020 Real GDP Contraction Rate Eases to 3.62%
November 23, 2020/Cowry Asset Report In line with our expectation, Nigeria’s economy went into recession as it printed two consecutive quarters of negative growth rates. Specifically, the country’s real Gross Domestic Product contracted y-o-y by 3.62% to N17.82 trillion in Q3 2020, albeit better than a 6.10% contraction printed in […]
Oil and Gas Discoveries and Activity in Southwest Africa Set to Open New Basins for Development and Trigger Big Investments in Namibia, Angola and South Africa
This is a time for the oil and gas companies that are involved in these mega-opportunities to redouble their efforts to support local communities and people November 23, 2020/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber Last spring, the Maersk Voyager, an ultra-deepwater drillship under contract by French supermajor […]
