Other News

GDP Report- Q4 2023 and FY2023

February 23, 2024/Coronation Research The national accounts for Q4 ‘23 by the National Bureau of Statistics (NBS) show that GDP grew by +3.46% y/y compared with the +2.54% y/y recorded in Q3 ’23.  Surprisingly, on a q/q basis it grew by +36.2%. A deeper dive shows that the service sector […]

Pre-MPC February 2024: MPC to Maintain Tight Monetary Policy Stance

February 23, 2024/Cordros Report The Monetary Policy Committee (MPC) is scheduled to convene on February 26th and 27th, marking its inaugural meeting for the year and the first for the current CBN governor, following two postponements in the latter half of 2023. This will also be the first session of […]

The Nigerian Economy Grew by 2.74% in FY-2023, Down 36bps Compared to the 3.10% in FY-2022

February 23, 2024/United Capital Report Nigeria’s real Gross Domestic Product (GDP) grew by 3.46% y/y in real terms in Q4-2023 compared to 3.52% recorded in Q4-2022. The Q4-2023 readings is lower than that of Q4-2022, however higher than 2.54% recorded in Q3-2023. On an annual basis, Nigeria’s real GDP advanced […]