Publications

April 14, 2020

Understanding the impact of the COVID-19 outbreak on the Nigerian economy

With 1.39 million coronavirus cases  and 79,382 deaths globally, the world continues to battle the COVID-19 pandemic. Even before the outbreak, the outlook for the world economy—and especially developing countries like Nigeria—was fragile,…

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April 13, 2020

The implication of Covid-19 pandemic on the Nigerian Economy

The Global Health Hazards and Economic Impacts of COVID-19 In December 2019, a cluster of pneumonia cases from an unknown virus surfaced in Wuhan, China. Based on initial laboratory findings,…

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April 6, 2020

Nigeria Economic Update (Issue 11)

The Central Bank of Nigeria (CBN) has taken steps to ensure financial stability amid the COVID-19 pandemic. The steps include a reduction of interest rates for all CBN interventions from…

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March 30, 2020

Nigeria Economic Update (Issue 11)

Foreign capital imported to Nigeria declined by 32% from US$5.6 billion to US$3.8 billion between Q3 and Q4 2019, indicating a decline for the third consecutive quarter1. The decline during…

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March 30, 2020

SDG Monitor: A Journal of Implementation- An Appraisal of Nigeria’s Implementation of the Quality Education Goal

Among the 17 SDGs for transforming the world by 2030, SDG 4, which emphasizes “Quality Education”, ranks high, and for obvious reasons. Basically, SDG 4 encourages all UN-member countries, including…

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March 24, 2020

Nigeria Economic Update (Issue 10)

In its worst performance since the 2008 financial crisis, the NSE All-Share Index and market capitalization depreciated by 13.49% to close the week at 22,733.35 basis points and N11.847 trillion…

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March 23, 2020

Nigeria Economic Update (Issue 9)

The Nigerian Stock Exchange All Share Index and market capitalisation declined by 4.28% to close the week at 26,216.46 and N13.658 trillion respectively4. This rise was primarily driven by the…

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March 11, 2020

Nigeria Economic Update (Issue 8)

The National Bureau of Statistics (NBS) has reported that the GDP growth rate in Q42019 is 2.55% which is relatively higher than Q32019 GDP growth rate at 2.28% and remains…

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March 6, 2020

Nigeria Economic Update (Issue 7)

The total stock of money in circulation declined at the end of January, falling by 7.9% month-on month from N2.4 trillion in December1. Although the current stock of currency in…

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March 4, 2020

Addressing the Challenges of Urbanization in Africa

Africa is the world’s least urbanized continent, and yet the rate at which its cities are expanding is growing faster than no other worldwide – at an average of 3.5…

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February 24, 2020

2019 BENCHMARKING EXERCISE REPORT

The 2019 Benchmarking Exercise Report (BER) is produced by the Nigerian Natural Resource Charter (NNRC) in partnership with a consortium of Think Tanks and Civil Society Organisations (CSOs) comprising the…

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February 21, 2020

Nigeria Economic Update (Issue 6)

The market indices at the Nigerian Stock Exchange (NSE) closed downward in the trading week ended 7th February, 2020. The bearish market recorded a decline in the All-Share Index (ASI)…

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February 21, 2020

Nigeria Economic Update (Issue 5)

The manufacturing Purchasing Managers’ Index (PMI) declined in January to 59.2, indicating a 2.63% fall from the month of December1. The slowdown in sectoral expansion was driven by a decline…

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February 18, 2020

Building the Resilience of Internally Displaced Persons in Nigeria

Internal displacement has become an unlikely source of rapid urbanization. Specifically, as people affected by violent conflict in rural areas flee to seek refuge, they are finding cities to be…

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February 11, 2020

Nigeria Economic Update (Issue 04)

Consumer prices for the month of December 2019 increased by 0.13 percentage points from the preceding month which stood at 11.85% 1. This rate was 0.54% percentage points higher than…

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February 4, 2020

Nigeria Economic Update (Issue 03)

Consumer prices for the month of December 2019 increased by 0.13 percentage points from the preceding month which stood at 11.85% 1. As such, inflation has increased for four consecutive…

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