-
How Countries Can Diversify Their Exports
By looking beyond commodities, the research shows that economy-wide policies such as governance and education help foster diverse exports more than narrowly targeted industrial policies, a finding that can better guide nations aiming…
-
Cryptoassets as National Currency? A Step Too Far
New digital forms of money have the potential to provide cheaper and faster payments, enhance financial inclusion, improve resilience and competition among payment providers, and facilitate cross-border transfers. But doing so is not…
-
The Policymaker’s Trilemma
Imagine you’re a policymaker in sub-Saharan Africa. You’ve been charged with lifting your country out of the worst health crisis in living memory, and nobody around you knows when it will end—the second…
-
A Future with High Public Debt: Low-for-Long Is Not Low Forever
Many countries are experiencing a combination of high public debt and low interest rates. This was already the case in advanced economies even prior to the pandemic but has become even starker in…
-
[Infographics] Financial Performance Summary of Selected Companies in Nigeria (2020)
Get the 2020 financial performance summary of some of the big names listed on the Nigerian Stock Exchange.
-
How Rising Interest Rates Could Affect Emerging Markets
Emerging and developing economies are viewing rising interest rates with trepidation. Most of them are facing a slower economic recovery than advanced economies because of longer waits for vaccines and limited space for…
-
Financial Perils in Check for Now, Eyes Turn to Risk of Market Correction
Prices for stocks, corporate bonds, and other risk assets have risen higher on the news of vaccine rollouts. Financial markets have shrugged off rising COVID-19 cases, betting that continued policy support will offset…
-
What 1919 Teaches Us About Pent-Up Demand
1918 should have been a great year for baseball. A young left-handed pitcher named Babe Ruth began the year by pitching an opening-day victory for the Boston Red Sox. Shortly after, Ruth lobbied…
-
Bank lending rates and spreads in EMDEs: Evolution, drivers, and policies
Banks dominate credit intermediation and savings mobilization in most emerging markets and developing economies (EMDEs). As bank lending interest rates and the lending-deposit interest spreads capture the efficiency with which banks allocate society’s…
-
Financial Highlights of SEPLAT in the first 9 months of 2020
Although revenue declined, we note that the cost of sales surged during the period. Specifically, cost of sales was N103.94 billion compared to N70.65 billion recorded in the corresponding period of 2019. This…
