CSEA has continued in its tradition of providing rigorous and relevant evidence-based research that is used to inform policies in Nigeria. To provide timely and relevant evidence-based research on Nigeria‟s economy, the Centre established the Information and Data Management Unit (IDM). The main objective of this Unit is to collate qualitative and quantitative data and provide periodic analysis on Nigeria‟s economy. The unit consists of a Research Associate, Research Assistants and Communications officer. The team produces a weekly update of recent happenings in the economy under CSEA‟s thematic research areas.
Nigeria's Real Gross Domestic Product (GDP) increased at an annual rate of 0.55 percent in 2017Q21, compared to the -0.91 percent (revised) in 2017Q1 indicating the first quarterly positive growth rate since 2016Q1 and an evidenced exit from five quarters of economic recession. The acceleration in real GDP in 2017Q2 reflects the significant increase in oil sector GDP from -11.64 percent in 2017Q1, to 1.64 percent in 2017Q2 a 13.3 percentage points Quarter-on-Quarter increase. However, Non-oil GDP moderated by 0.3 percentage points to 0.45 percent. Despite the recent favorable economic performance, growth prospect remains fragile.