Journal Articles and Book Chapters

August 2, 2016

A Review Of Nigerias 2016 Budget

This study
reviews and assesses the 2016
budget of the Federal Republic of Nigeria in line with IMFsbudget assessment indicators, namely: comprehensiveness, transparency, and
realism. The assessment is based on
clear understanding of the present
administrations objectives, which are: to achieve socio-economic
and infrastructural development, to diversify the Nigerian economy, and to
achieve improved security of lives and properties.

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Re-examining The Determinants Of Current Account Balance In An Oil-Rich Exporting Country

The paper examines the determinants of current accounts balance in Nigeria with emphasis on oil-related variables.

Nigeria Economic Review

This report provides an evidence-based analysis of the state of the Nigerian economy in a bid to inform economic policies in Nigeria. The report presents some analyses of significant economic events in Nigeria within the period, and provides an outlook on what policymakers, businesses, and individuals should expect in subsequent quarters of 2016. It also provides valuable insights into potential drivers of the economic trends and outlines expectations for subsequent quarters of the year. The area of focus are Global Economic Performance, Domestic Economic Performance, External Sector Performance, and Sectoral Performance. 

Nigeria Economic Update (Issue 27)

The Naira strengthened against the dollar in the review week. Specifically, the Naira appreciated by 2.7 percent to N355/$ (parallel market rate) on June 17, 2016, following the release of the flexible FOREX policy guidelines by the CBN on June 15, 2016. The new policy effectively adopts a single market structure hosted at the autonomous/inter-bank market. The inter-bank trading scheduled to commence on June 20, 2016 will be market-determined, officially eliminating the N197/$ peg. To ensure foreign exchange liquidity, primary market dealers have been introduced while the CBN will participate in the market through periodic interventions.