March 17, 2022 by CardinalStone Research Nigeria reels from sustained FX illiquidity, with repatriation-related demand largely undermined by unorthodox policy measures. This multi-year FX impasse has resulted in notable responses from Deposit Money Banks (DMBs) and the Central Bank of Nigeria (CBN) in recent months. In particular, DMBs have moved […]
OPINION/EDITORIAL
FY-2021 Foreign Trade Statistics: Trade deficit widens in 2021
March 17, 2022/United Capital Research Extracts from the recently published report on Nigeria’s FY-2021 foreign trade statistics by the National Bureau of Statistics (NBS) revealed a rebound in Nigeria’s trading activities in the aftermath of the Covid-19 pandemic underpinned by an ease in travel bans & general movement restrictions, amid […]
Pandemic’s E-commerce Surge Proves Less Persistent, More Varied
(PHOTO: SIMONKR/ISTOCK BY GETTY IMAGES) March 17, 2022/IMFBlog By Joel Alcedo, Alberto Cavallo, Bricklin Dwyer, Prachi Mishra, and Antonio Spilimbergo There’s no doubt that e-commerce helped many navigate the pandemic, from online shopping to curbside pickup to food delivery. But as we slowly emerge from lockdowns and other restrictions, it’s less clear […]
