FBNQuest Merchant Bank

FBNQuest sees weak economic recovery at 0.1% in Q1’21

FBNQuest sees weak economic recovery at 0.1% in Q1’21

Equity researchers at FBNQuest Merchant Bank, the asset management subsidiary of First Bank of Nigeria (FBN) Limited, have said that Nigeria’s economy would return to a growth path in the first quarter (Q1) 2021, after contracting by a record 6.1 percent in the first half of the year following the effect of the COVID-19-induced lockdown on the economy.