Image Credit: Coronation Research November 26, 2024/Coronation Research The national account for Q3 ‘24 from the National Bureau of Statistics (NBS) show that GDP grew by +3.46%, an improvement from +3.19% y/y recorded in Q2’ 24. The service sector was a significant driver of this growth, expanding by +5.2% y/y […]
Updates
AfDB, Partners Plan to Make Abidjan-Lagos Corridor Highway a Potent Economic and Industrial Hub
This 1,028-kilometre transnational coastal motorway will connect Côte d’Ivoire to Nigeria, while crossing through Ghana, Togo and Benin November 26, 2024/AfDB The Abidjan-Lagos corridor highway will link the cities of five major West African countries by 2030, and is set to become a powerful economic and industrial hub courtesy of […]
Coronation Economic Flash Note
November 26, 2024/Coronation Research Summary Market liquidity closed negative at N321.5bn on Friday (22 Nov ‘24). Call, overnight, and repo rates closed within a range of 7.1% – 32.8%. In the secondary market, the average Treasury bill (T-bill) yield declined by 12bps to close at 24.0% p.a. At the primary […]
