March 9, 2021/Proshare FBNQuest Research  The CBN’s launch at the weekend of its “Naira 4 dollar scheme” to boost the inflow of workers’ remittances has prompted parallels with Bangladesh and Pakistan. In Nigeria’s case and heavily driven by the COVID-19 virus, remittances in Q3 ’20 were running 33% below the […]

March 9, 2021/OilPrice.com Chart of the Week –    U.S. exports of propane reached record highs in 2020, up 13%.  –    Propane became the largest source of refined product exports, surpassing distillate fuel oil. –    The increase is the result of strong petrochemical and heating demand in Asia. Market Movers –   […]

March 9, 2021/IMFBlog By Kazuko Shirono, Esha Chhabra, and Jessica Fan The economic downturn caused by the pandemic has taken a painful toll on small businesses. Scores of retail businesses have permanently closed in cities around the world since the Great Lockdown in the spring of 2020. Small and medium […]