Day: August 24, 2020
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Coronation Merchant Bank launches Mobile Banking App
……assures customers of its commitment to providing innovative solutions Lagos, Nigeria – August 24, 2020 Nigeria’s leading financial institution, Coronation Merchant Bank has once again blazed the trail in merchant banking with the launch of its mobile banking application. The App which is the first of its kind within the merchant banking space provides customers […]
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GDP slumps as expected
Nigeria’s Q2 GDP performance was released this morning, with GDP down 6.10% year-on-year and non-oil GDP down 6.05% y/y. This was not a surprise (although one forecast poll predicted a 4.05% decline), given that in June the World Bank forecast a 3.2% contraction and the IMF forecast a 5.4% contraction for full-year 2020, suggesting that […]
