November 27, 2020/Proshare by CSL Research Yesterday, the National Bureau of Statistics (NBS) published data on the collection of Company Income Taxes (CIT) from 2015 to the first nine months of 2020. Total CIT collections for 9M 2020 was N1.1tn, declining 11.9% y/y compared with the N1.3tn collected in 9M […]
OPINION/EDITORIAL
Why the S/African Rand is the 2nd-best performing EM currency
November 27, 2020/United Capital Report Since the onset of the COVID-19 pandemic, foreign exchange markets have experienced a whirlwind of volatility as movement restrictions and a weakened global trade weighed on import and exports and oil prices. This, coupled with government debt selloffs by risk-off foreign investors, led to the […]
PSBs as the Key to Driving Financial Inclusion?
November 24, 2020/Proshare CSL Research News reports say 9PSB, a Payment Service Bank (PSB) recently granted license to operate has commenced operations. Speaking at the launch, the Chief Executive Officer, 9PSP, Branka Mracajac noted that the 9PSB will aid the CBN’s financial inclusion goal. According to the report, that the […]
