Upcoming Events

Economic Updates

  • Home
  • Economic Updates
Nigeria Economic Update (Issue 49)
MACROECONOMIC REPORT & ECONOMIC UPDATES ECONOMIC UPDATES Dec 22, 2018

Nigeria Economic Update (Issue 49)

Nigeria’s real GDP growth rate rose marginally Year-on-Year by 1.8 percent in 2018Q3, as against 1.5 percent recorded in the preceding quarter – a minor increase of 0.3 percentage points. Non-oil sector, the main driver of the overall GDP growth rate increase, improved to 2.36 percent, from 2.05 percent.

Read More Download PDF
MACROECONOMIC REPORT & ECONOMIC UPDATES ECONOMIC UPDATES Dec 20, 2018

Nigeria Economic Update (Issue 48)

According to the NBS newly released data, total IGR generated by 36 states and the Federal Capital Territory for the first half of the year 2018 outperformed the comparable period IGR of 2017. About N579.5 billion was generated1, up from N453.8 billion reported to have been generated in 2017- representing an increase of 27.7 percent
Read More Download PDF
MACROECONOMIC REPORT & ECONOMIC UPDATES ECONOMIC UPDATES Dec 19, 2018

Nigeria Economic Update (Issue 47)

Recently released 2018 National Nutrition and Health Survey (NNHS) reveals that only 64 percent of children in Nigeria are growing healthily and are not stunted or frail1. The survey stated that the prevalence of stunting is 32 percent and has remained above 30 percent since 2014.
Read More Download PDF
Nigeria Economic Update (Issue 46)
MACROECONOMIC REPORT & ECONOMIC UPDATES ECONOMIC UPDATES Nov 28, 2018

Nigeria Economic Update (Issue 46)

Recent media reports reveal that Nigeria spent an alarming amount of N5.75 billion daily to service debts – summing up to a total of N1.07 trillion for the first half (six months) of 2018, paid as interest on money borrowed from local and international sources. This implies that about 51% of the projected N2.1 trillion for 2018 debt service has been paid.
Read More Download PDF
Nigeria Economic Update (Issue 41)
MACROECONOMIC REPORT & ECONOMIC UPDATES ECONOMIC UPDATES Oct 26, 2018

Nigeria Economic Update (Issue 41)

The World Bank’s recently unveiled Human Capital Index ranks Nigeria at 152nd position out of the 157 countries surveyed, with a value of 0.34.  Nigeria is placed below several other sub-Saharan African countries. The poor ranking likely accounts for long years...
Read More Download PDF