Publications

April 16, 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.…

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April 13, 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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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February 22, 2018

Nigeria Economic Update (Issue 5)

Recently released media highlights show that Nigeria has dropped in terms of macroeconomic indicator rankings in 2018. With a headline index of 2.77, Nigeria is ranked 158th globally out of…

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February 21, 2018

Nigeria Economic Update (Issue 8)

Global benchmark crude, Brent, sold for $66.43 per barrel, a little above 3.4 percent from the $64. 3 per barrel in the preceding week. Nigeria’s Bonny light exchanged for $65.71 per…

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February 12, 2018

Nigeria Economic Update (Issue 4)

Recently released labour force report by the NBS shows a quarter-over-quarter increase in Nigerias working age and labour force population. Working population rose from 110.29 million in 2017Q2, to 111.13…

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February 2, 2018

Nigeria Economic Update (Issue 3)

Recently released inflation rate report by the NBS shows a further decline in consumer price index in December 2017. At 15.37 percent, the CPI was 0.53 percentage points lower than…

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January 29, 2018

Nigeria Economic Update (Issue 2)

International rating body, Fitch, has projected higher economic growth for Nigeria in 2018. The body estimated that Nigerias economy will grow by 2.6 percent, slightly higher compared to projections from…

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January 15, 2018

Nigeria Economic Update (Issue 1)

Nigerias external reserves improved in 2017. The reserve stood at approximately $39 billion as at the end of December 2017, up by about 50 percent from the $26 billion at…

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January 15, 2018

Nigeria Economic Update (Issue 50)

In the third quarter of 2017, NBS report show that Nigeria recorded a marginal quarter-overquarter and significant Year-on-Year increases in the value (in Naira terms) of merchandise (goods) foreign trade.…

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