Publications

June 14, 2018

Nigeria Economic Update (Issue 19)

Capital imported into Nigeria, maintained an upward trajectory in 2018Q1, following three consecutive quarterly increase. Specifically, capital importation rose to $6.30 billion in 2018Q11– a remarkable Year-on-Year growth of 594…

Download Label
March 13, 2018 - 4:00 am
application/pdf
989.38 kB
v.1.7 (stable)
Read →

June 12, 2018

Nigeria’s Macroeconomic Crisis Explained

Nigeria confronts a prolonged period of adjustment. For more than a generation, the oil sector generated large volumes of foreign exchange. However, with the recent bust in global oil prices…

Download Label
March 13, 2018 - 4:00 am
application/pdf
636.55 kB
v.1.7 (stable)
Read →

May 31, 2018

Nigeria Economic Update (Issue 18)

According to the World Bank, poverty level in Nigeria increased in 2017 with almost half the Nigerian population living in extreme poverty. As stated in the “Nigeria Biannual Economic Update”…

Download Label
March 13, 2018 - 4:00 am
application/pdf
991.74 kB
v.1.7 (stable)
Read →

May 31, 2018

Nigeria Economic Update (Issue 17)

Media highlights show that recent figures from the Nigeria Investment Promotion Council (NIPC) reveals a progressive inflow of capital into Nigeria. Specific figures indicate that Nigeria’s actual capital investment inflow…

Download Label
March 13, 2018 - 4:00 am
application/pdf
972.73 kB
v.1.7 (stable)
Read →

March 11, 2018

Finance and Firm Productivity in Africa: Background Study from World Bank Enterprise Survey Data

Access to finance has been considered to be one of the important factors in influencing firms’ real activities and in promoting aggregates. However, literature on the relationship between finance and…

Download Label
March 13, 2018 - 4:00 am
application/pdf
1.49 MB
v.1.7 (stable)
Read →

March 11, 2018

A Note On The Economic Downturn In Sub-Saharan Africa

The recent movements in the dollar-naira exchange rate, following the removal of the currency peg, has stimulated ongoing debate in the media that South Africa has regained its position as…

Download Label
March 13, 2018 - 4:00 am
application/pdf
257.20 kB
v.1.7 (stable)
Read →

March 11, 2018

Examining Nigerias Learning Crisis: Can Communities Be Mobilized To Take Action?

Until recently, policy design and interventions in basic education were unduly focused on increasing school enrollment in developing countries, with little attention on improving the quality of learning. Using two…

Download Label
March 13, 2018 - 4:00 am
application/pdf
434.70 kB
v.1.7 (stable)
Read →

March 11, 2018

Nigeria Economic Update (Issue 9)

Nigeria’s Gross Domestic Product (GDP), maintained positive growth rate two quarters after emergence from recession in 2017Q2, thus consolidating the recovery process. Specifically, real GDP grew by 1.92 percent in…

Read →

March 10, 2018

Nigeria Economic Update (Issue 7)

Month-on-Month analysis of food prices show that average prices of selected food items reduced from December 2017 to January 2018. Precisely, total average month-on-month price decreased from 2.48 percent to…

Download Label
March 13, 2018 - 4:00 am
application/pdf
839.19 kB
v.1.7 (stable)
Read →

March 10, 2018

Nigeria Economic Update (Issue 6)

The federal government fiscal operations in 2017 shows that there were deficits for the four quarters recorded. The CBN report reveals that the federal government spent a total of N147.11…

Download Label
March 13, 2018 - 4:00 am
application/pdf
820.79 kB
v.1.7 (stable)
Read →

March 10, 2018

Nigeria Economic Update (Issue 10)

The national accounts for 2017Q4 show that the aviation sector grew year-on-year by 4.7 percent in real terms – significantly higher than the 0.48 percent in preceding quarter but significantly…

Download Label
March 13, 2018 - 4:00 am
application/pdf
752.95 kB
v.1.7 (stable)
Read →

March 9, 2018

Nigeria Economic Update (Issue 13)

Recent media highlights suggests that the Federal Government made a non-oil-based revenue of N1.27 trillion from operating surpluses between 2007 and 20161. The period which covers the years of operation…

Download Label
March 13, 2018 - 4:00 am
application/pdf
901.23 kB
v.1.7 (stable)
Read →

March 9, 2018

Nigeria Economic Update (Issue 11)

Nigeria’s debt profile reached unprecedented high levels at the end of the year 2017. Figures obtained from the debt management office reveals that debt stock increased Year-on-Year by a significant…

Download Label
March 13, 2018 - 4:00 am
application/pdf
907.81 kB
v.1.7 (stable)
Read →

March 9, 2018

Nigeria Economic Update (Issue 12)

According to data released by the National Bureau of Statistics, states generated about N931.2 billion altogether in 2017 fiscal year1, representing 12 percent above the N831.2 billion generated in 2016.…

Download Label
March 13, 2018 - 4:00 am
application/pdf
906.28 kB
v.1.7 (stable)
Read →

March 8, 2018

Nigeria Economic Update (Issue 16)

The World Economic Outlook report, recently released by the World Bank, reduced its growth projection for Nigeria to 2.1 percent in 20181, from 2.5 percent2. The new growth projection is…

Download Label
March 13, 2018 - 4:00 am
application/pdf
997.16 kB
v.1.7 (stable)
Read →

March 8, 2018

Nigeria Economic Update (Issue 15)

Consumer Price Index, the measure for inflation rate, declined (Year-on-Year) for the fourteenth consecutive month in March 2018. Headline inflation dropped to 13.34 percent1 – representing a marginal 0.99 percentage-points…

Download Label
March 13, 2018 - 4:00 am
application/pdf
833.86 kB
v.1.7 (stable)
Read →