Macroeconomic Report & Economic Updates

March 22, 2016

Nigeria Economic Update (Issue 12)

The naira/dollar exchange rate remained largely stable at the parallel market at ?320/$ during the period7, albeit slight fluctuations on February 29, 2016 (?325/$) and March 2, 2016 (?328/$). The…

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

March 8, 2016

Nigeria Economic Update (Issue 11)

In the crude oil market, OPECs weekly basket price increased 1.07 percent from $29.02 per barrel in February 19 to $29.33 per barrel in February 26. A combination of factors…

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

March 3, 2016

Nigeria Economic Update (Issue 10)

Nigerias inflation rate remained above CBNs bandwidth of 6-9 per cent. Specifically, the inflation rate increased slightly from 9.55 percent in December 2015 to 9.62 percent in January 20165. The…

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

February 26, 2016

Nigeria Economic Update (Issue 9)

The naira depreciated by 8.2 percent from N305/$ on February 5th, to N330/ $ on February 12th 20166. The apex body identified the increased domestic demand for forex to pay…

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

February 16, 2016

Nigeria Economic Update (Issue 8)

Recent data from the National Bureau of Statistics (NBS) show that total capital importation in 2015 fell steeply by 53.5 per cent from $20,750.76 million in 2014 to $9,643.01 million…

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

February 8, 2016

Nigeria Economic Update (Issue 7)

External reserve dropped slightly by 0.6 per cent from $28.35 billion in January 22 to $28.19 billion in January 295. Considering the continuous decline, government has stepped up efforts towards…

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

February 3, 2016

Nigeria Economic Update (Issue 6)

Latest figures of FDI flows to Nigeria show a decline of 27 per cent from $4.7 billion in 2014 to $3.4 billion in 20152, representing its lowest value since 2005.…

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

January 22, 2016

Nigeria Economic Update (Issue 4)

The Naira/Dollar exchange rate remained unchanged at ?199/$ in the official market but depreciated from ?263/$ to $267 at the Bureau De Change (BDC) market segment this week. As the…

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

January 22, 2016

Nigeria Economic Update (Issue 5)

All Share Index (ASI) and Market Capitalization declined by 13 percent to close at 23514.04 points and N8.09 trillion respectively at the end of the trade session on January 15.…

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

January 22, 2016

Nigeria Economic Update (Issue 1)

GDP growth rate increased marginally by 2.84 percent in Q3 2015 from 2.35 percent in the preceding quarter. Nominal GDP increased to N24.3 million from N22.9 million in the preceding…

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

January 22, 2016

Nigeria Economic Update (Issue 2)

Inflation rate rose slightly to 9.4 percent in November 2015 from 9.3 percent in the previous month. This rise is attributed to price increase in Food and Non-Alcoholic Beverages, and…

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

January 22, 2016

Nigeria Economic Update (Issue 3)

The Nigeria stock market indices; All Share Index (ASI) and Market Capitalization declined by 2.4 percent to close at 26537.36 points and N9.12 trillion respectively at the end of the…

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

October 23, 2015

Nigeria Economic Review (First Half Report 2015)

The modest growth in the global output witnessed in the first quarter of 2015 was driven mainly by advanced economies, particularly the United States. Growth slowed down significantly in emerging…

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

October 23, 2014

Nigeria Economic Review (First Half Report 2014)

Globally, advanced economies showed strong signs of recovery during 2014H1 despite the adverse effect of the severe winter (especially on the United States economy) while economic activities slowed and growth…

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