September 14, 2021/IMFBlog By Era Dabla-Norris, Ruud De Mooij, Andrew Hodge, and Dinar Prihardini New global reforms will change where tech giants pay taxes in Asia and make the international tax system more robust. Digitalization —the technology that powers fintech, e-commerce, and online services—enables us to make mobile money transfers, […]
OPINION/EDITORIAL
Parallel Market Rate at an All-Time High
September 14, 2021/CSL Research In recent weeks, severe pressure has been mounting on the exchange rate at the parallel market following the Central Bank of Nigeria’s (CBN) policy stance to discontinue the supply of FX to Bureau De Change Operators (BDCs). Consequently, the premium between the parallel market rate and […]
Nigerian Banks: H1 2021 Scorecard
September 14, 2021/Coronation Research The scorecard for the listed banks that have reported their H1 results is mixed. We believe that it is a matter of timing changes in interest rates and that Q3 is likely to be a better story than Q2 and H1. FX Last week, the exchange […]
