Publications

April 30, 2020

Evaluating the Impact of the African Continental Free Trade Area agreement on Nigerian Micro Small & Medium Enterprise

In July 2019, Nigeria joined 53 other African Union member countries to endorse the Africa Continental Free Trade Agreement (AfCFTA). The signing of this agreement is expected to have wide…

Download ↓ Read →

April 29, 2020

Nigeria Economic Update (Issue 15)

The International Labor Organization (ILO) recently released a report which highlights global trends of employment. The report noted that the sub-Saharan African region which is characterized by high informal employment…

Download ↓ Read →

April 27, 2020

Nigeria Economic Update (Issue 14)

The Federation Account Allocation Committee (FAAC) disbursed the sum of ₦647.35 billion to the federal, state and local of governments in February which is 9.6 percent lower than the ₦716.30…

Download ↓ Read →

April 20, 2020

Effective Targeting of COVID-19 Aid in Nigeria

Faced with an invisible and novel enemy to fight, governments across the globe have deliberately shut down their economies and placed cities on lockdown in order to stem the spread…

Read →

April 20, 2020

Nigeria Education in Focus (Issue 5)

According to UNESCO, about 35.9 million primary and secondary school learners are currently out-of-school as a result of the school closures. For primary schools, this number totals approximately 25.6 million…

Download ↓ Read →

April 20, 2020

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 →

April 16, 2020

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 →

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,…

Read →

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,…

Read →

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…

Download ↓ Read →

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…

Download ↓ Read →

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…

Download ↓ Read →

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…

Download ↓ Read →

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…

Read →

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…

Download ↓ Read →

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…

Read →