Publications
Nigeria Economic Update (Issue 29)
In June 2023, Nigeria’s money supply (M2) reached a record high of N64.3 trillion, increasing significantly by 15 percent (N8.8 trillion) from N55.5 trillion recorded in May, according to the…
Download ↓ Read →
The effect of ICT on financial sector development in Africa: does regulatory quality matter?
The moderating role of regulatory quality in the relationship between ICT and financial development in Africa is investigated in this study. We employ data from 38 African countries from 2003…
Read →
Nigeria Economic Update (Issue 28)
According to the Organisation of Petroleum Exporting Countries (OPEC) in its July 2023 Monthly Oil Market Report, Nigeria’s oil output dropped month-on-month (MoM), to 1.249 million barrels per day (mb/d) in…
Download ↓ Read →
Nigeria Economic Update (Issue 27)
According to OPEC’s monthly report on crude oil movement, the price of crude oil dropped significantly in the global market in June. In particular, the OPEC Reference Basket fell by…
Download ↓ Read →
Nigeria Economic Update (Issue 26)
The Organisation of Petroleum Exporting Countries (OPEC) reported in its last monthly oil market report that Nigeria produced 1.18 million barrels per day (mbpd) in crude oil for May 2023.…
Download ↓ Read →
Nigeria Economic Update (Issue 25)
Data released by the Central Bank of Nigeria (CBN), on ‘MoData released by the Central Bank of Nigeria (CBN), on ‘Money and Credit Statistics’ has shown that credit from banks…
Download ↓ Read →
COVID-19 and rising educational Inequalities: Evidence from Nigeria
This study unpacks the impact of the COVID-19 pandemic on educational inequalities and related education policy measures in Nigeria. Focusing on primary education, the study aimed to: (i) outline the…
Read →
The Nigeria Tobacco Policy Landscape: The Role of States in Tobacco Control
Tobacco control policy refers to the efforts made to reduce the impact of tobacco use on public health. This can include measures such as increasing taxes on tobacco products, implementing…
Download ↓ Read →
The “Fraud Triangle”: A Cornerstone for Establishing a National Framework to Combat Corruption in Nigeria
A nation cannot develop in the face of endemic corruption. The fight against corruption cannot be won unless the rationale (how and why) for the act of corruption is understood…
Download ↓ Read →
Nigeria Economic Update (Issue 24)
The Central Bank of Nigeria (CBN) has made repeated attempts to contain the inflationary spike by gradually raising the monetary policy rate to 18.5 percent. However, the inflation rate is…
Download ↓ Read →
Nigeria Economic Update (Issue 23)
Following the new government’s plan to unify multiple exchange rates in the foreign exchange (forex) market, the Central Bank of Nigeria (CBN) has taken the monetary policy decision of floating…
Download ↓ Read →
Nigeria Economic Update (Issue 22)
The World Bank’s Global Development Prospect report for June 2023 has maintained Nigeria’s projected growth rate 2023 at 2.8 percent. According to the report, this growth will primarily be driven…
Download ↓ Read →
Climate agreements and carbon intensity: Towards increased production efficiency and technical progress?
Dozens of studies point to evidence of significant reductions in carbon emissions driven by climate agreements, such as the Paris climate agreement. However, these studies fail to answer a pertinent…
Read →
Nigeria Economic Update (Issue 21)
In its first administrative steps, the new government of the federation has declared the removal of the country’s controversial subsidy on fuel. Welfare advocates have defended it, but it has also come…
Download ↓ Read →
Can Information Communication Technology Unlock Tax Revenue Mobilization in Sub Saharan Africa
This study examines the effect of ICT on tax revenue mobilisation in 23 sub-Saharan African countries between 2000 and 2020. To address our objectives, it utilises a feasible generalised least…
Read →
Employment Creation Potential of Industries Without Smokestacks: a Nigeria case study
Young people under the age of 30 account for nearly 70 percent of the population of Africa, making it the world’s youngest continent (United Nations 2021). While this trend provides…
Read →