Author: Drusilla David

Nigeria Economic Update (Issue 6)

The Central Bank of Nigeria (CBN) has revealed, in its data on movement on gross foreign reserves, that the country’s foreign reserves, which were $37.1 billion as of January 3, 2023, fell to $33.1 billion by February 8, 2024.This represents a 10.7 per cent decline ($4 billion) in foreign reserves. Consequently, the number of months […]

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Nigeria Economic Update (Issue 5)

The International Monetary Fund (IMF) in its World Economic Outlook Update released in January 2024, estimated that Nigeria grew at 2.8 percent in 2023 and reviewed its 2024 economic growth forecast downward by 0.1 percent from 3.1 percent projected in October 2023 to 3.0 percent in 2024. Persistent macroeconomic weaknesses, high levels of public debt, […]

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Development Gateway selects CSEA as Sustainability Partner

In furtherance of our work on tobacco control in Africa, we are pleased to announce that CSEA has been selected as the Tobacco Control Data Initiative’s (TCDI 2.0) sustainability partner. The TCDI platform enhances access to country-specific data, enabling better tobacco control policy planning and execution across Africa. As part of our onboarding process, we […]

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Data Governance Snapshot: The Cameroon report

Cameroon, a country in Central Africa with a per capita income of around $1,564, has a population of over 28.65 million. At the outset of 2022, Cameroon boasted 10.05 million internet users, representing 36.5 percent of the country’s population. By the start of 2023, this figure had surged to 12.89 million, substantially increasing to 45.6 […]

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CSEA organises dissemination event on ‘Enhancing Macroeconomic Resilience: A Comparative Analysis of Nigeria And Ghana

CSEA in collaboration with the South African Institute of International Affairs (SAIIA) with support from the International Development Research Center (IDRC) organized a dissemination event to share findings from the report on “Enhancing Macroeconomic Resilience: A Comparative Analysis of Nigeria and Ghana”. The event comprised of two presentations led by Prof. Conrad van Gass, Senior […]

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Building trust, shaping the future:AI governance for Africa

This policy brief aims to outline the key considerations for developing artificial intelligence (AI) governance frameworks that promote transparency, accountability and confidence in AI systems across the African continent. AI is gaining some traction in African countries, as a means to drive socio-economic development. Countries are recognising the potential of AI and as a result, […]

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Closing the Care Gap: A Look at Nigeria’s Tobacco Control Efforts in Light of the Cancer Challenge

One of the global causes of death is cancer. It is estimated that approximately 10 million people die of cancer annually. Notably, one out of every six deaths worldwide is attributable to cancer, making it the leading cause of mortality on a global scale. In Nigeria, the annual death toll from cancer is around 72,000. […]

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Nigeria Economic Update (Issue 4)

The Oil market report for the fourth quarter of 2023 by the International Energy Agency indicates that thegrowth of global oil demand is expected to slow down by 1.2 million barrels per day (mb/d) in 2024 compared to 2.3 mb/d in 2023. The decline in projected oil demand is due to several factors including slow GDP growth in […]

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Nigeria Economic Update(Issue 3)

The National Bureau of Statistics (NBS), in its Consumer Price Index (CPI) and Inflation report for December 2023, revealed that Nigeria’s headline inflation rate rose to 28.92 percent. On a Year-on-Year (YoY) basis, the figure is 7.58 percentage points higher compared to 21.34 percent recorded in December 2022 and 0.72 percentage points higher than 28.20 […]

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CSEA hosts the World Bank Nigeria Team for a Presentation of the 2023 Nigeria Development Update

CSEA hosted the World Bank for a presentation of its December 2023 publication themed: ‘Nigeria Development Update: “Turning the Corner, From Reforms and Renewed Hope to Results.’ The event was held on January 17, 2024, at the CSEA Conference Room in Abuja. The meeting provided a platform for participants to discuss the findings form the […]

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Call for Applications: Research Manager

Tobacco Control Data Initiative- Research Manager Background CSEA, a non-profit research think tank based in Abuja, Nigeria, invites highly motivated and experienced candidates interested in working in Sub-Saharan Africa to contribute to the design, implementation, and facilitation of the Tobacco Control Data Initiative (TCDI) platform. CSEA is a leading think tank in Africa on Tobacco […]

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Nigeria Economic Update (Issue 2)

According to the 2024 United Nations World Economic Situation and Prospects report, global GDP growth is projected to slow from an estimated 2.7 percent in 2023 to 2.4 percent in 2024 and improve moderately to 2.7 percent in 2025. However, the growth projections for 2024 and 2025 are below the pre-pandemic growth rate trend of […]

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Nigeria Economic Update (Issue 1)

According to the National Bureau of Statistics (NBS), capital importation to Nigeria in Q3 2023 stood at $654.65 million, indicating a 36.45 percent decline from $1.03 billion recorded in Q2 2023 and a 43.55 percent decline from $1.16 billion recorded in Q3 2022. The Q3 2023 value is the lowest Nigeria has recorded in any quarter over […]

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Nigeria Economic Update (Issue 49)

In its latest Nigeria Development Update, the World Bank revealed that 24 million Nigerians had been pushed below the poverty line in 5 years – between 2018 and 2023. In tandem, poverty rate in the country has increased to 46 percent in 2023 compared to 40 percent recorded in 2018 with the number of poor people […]

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Nigeria Economic Update Issue 48

President Bola Ahmed Tinubu, on the 29th of November 2023, presented the 2024 budget before the joint session of the National Assembly. The budget is the largest in Nigeria’s history with a size of N27.5 trillion and a revenue projection of N18.32 trillion resulting in a budget deficit of N9.18 trillion. Revenue comprises oil revenue […]

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Nigeria Economic Update (Issue 47)

Data from the National Oil Spill Detection and Response Agency (NOSDRA) reveals that 156 oil spill incidents were reported between September and November 2023, costing the waste of about 2792.51 barrels of crude oil. According to the November report, the spill happened at various oil companies’ facilities, with Total Exploration and Production having reported the most significant spillage at 803.06 […]

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