Publications
Nigeria Economic Update (Issue 13)
The manufacturing sector PMI declined from 58.3 points to 51.1 points between February and March 20201. The slowdown was triggered by reduced growth in 7 subsectors including electrical equipment, chemical…
Download ↓ Read →Nigeria Economic Update (Issue 12)
Between January and February, Nigeria’s external reserves declined from US$37.2 billion to $35.5 billion, its lowest in over 2 years1. Although the reserve level remains above the $30 billion benchmark…
Download ↓ Read →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,…
Read →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,…
Read →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…
Download ↓ Read →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…
Download ↓ Read →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…
Download ↓ Read →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…
Download ↓ Read →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…
Read →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…
Download ↓ Read →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…
Read →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…
Download ↓ Read →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…
Download ↓ Read →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)…
Download ↓ Read →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…
Download ↓ Read →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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