Updates

Global Shocks Alters Nigeria’s Short Term Outlook – NOVA

Culled—-Proshare March 16, 2020 By NOVA Merchant Bank In our March Economic Insights (See report: COVID-19 Economic Disruption Going Viral?), we estimated the impact of the escalating COVID-19 on Nigeria’s fiscal and external balances. We adopted average crude oil price of $59.45/bbl, which was anchored on an expected action by […]

CBN Policy Measures In Response to COVID-19 Outbreak and Spillovers

March 16, 2020/CBN The Corona Virus (COVID 19) pandemic is having significant adverse consequences for both the global and the Nigerian economies. It has already led to unprecedented disruptions in global supply chains, sharp reduction in crude oil prices, turmoil in global stock and financial markets, massive cancellations in sporting, […]

Lagos Explosions: Fidelity CEO Commiserates With Victims, Assures Affected Traders of Support

March 16, 2020/Fidelity Bank Plc The Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mr. Nnamdi Okonkwo on Monday commiserated with traders and others victims of Sunday’s tragic explosion in Abule Ado, Amuwo Odofin Local Government Area (LGA) of Lagos State. Accompanied by other Executive Management staff, Okonkwo who visited the […]