Author: Eddy Akpabio

Podcast: Covid, conflict and oil – a Nigerian economic story

While the Government’s response had proved effective at containing the Ebola virus just a handful of years earlier, Dr. Adeniran describes how it soon became clear that this new shock brought new challenges – as well as aggravating emerging ones. 2019 saw some of the fastest growth to the Nigerian economy since the recession of […]

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Workshop: Strengthening Women In Trade In The African Region

Centre for the Study of the Economies of Africa (CSEA), in collaboration with the Trade Facilitation Office (TFO) Canada organized the 3rd Multi-Stakeholder Forum on Women in Trade (WIT) titled “Strengthening Women in trade in the African Region.” The hybrid session featured presentations to disseminate findings from its qualitative and quantitative research for women in […]

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Nigeria Economic Update (Issue 25)

Data from the National Bureau of Statistics (NBS) show that in the first quarter of 2022, Nigeria’s value-added tax (VAT) collected by the Federal Inland Revenue Service (FIRS) stood at N588.6 billion, representing an 18.6 percent increase compared to the N496.5 billion collected in Q1 2021.3 Decomposing the aggregate VAT revenue by classification indicates that local non-import […]

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Seminar Series: Nigeria Development Update – The Continuing Urgency of Business Unusual

The Centre for the Study of the Economies of Africa hosted a hybrid presentation as part of our Bi-monthly seminar in collaboration with African School of Economics. The presentation featured the recent Nigeria development update  released by the World Bank in June. The speakers were Gloria Joseph-Raji (Senior Economist) and Miguel Saldaraigga (Country Economist) from The World Bank.The presentation highlighted improved […]

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Recovering from COVID: Building Resilience in Select African Economies

This policy insight synthesises the findings of six sub-Saharan African country case studies, analysing their government policy responses to the trade and employment shocks prompted by the COVID-19 pandemic. Vulnerability to the shock was most pronounced in the wealthier, more open, diversified and formalised economies (South Africa and Senegal); in Nigeria, where trade and government […]

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Nigeria Economic Update (Issue 24)

Data from the National Bureau of Statistics (NBS) shows that the average retail price of Automotive Gas Oil (Diesel) paid by consumers in Nigeria increased by 181 percent from N238.82 in May 2021 to N671.08 recorded in May 2022.4 On a month-on-month basis, the average retail price increased from N654.46 in April 2022, indicating a rise of 2.54 […]

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On Rising inflation in Nigeria

The inflationary episode intensified after the border closure in 2019. The disproportionate impact of inflation on vulnerable households and those working in sectors with low savings, such as agriculture, have worsen living standard over time.

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Towards A Data-driven Agenda among Indigenous Businesses in Africa

African indigenous businesses (AIBs) are in the nascent stages of becoming data-driven and innovative through data analytics. The data-driven agenda looks promising in industries like manufacturing (distribution), health, agriculture, and online platforms like social media, with enterprises deriving economic and symbolic value from descriptive, diagnostic, and predictive analytics. These data-driven activities tend to be often […]

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Data-Driven Enterprises in Africa: An Evaluation of Winners and Losers

The fact is that indigenous firms are still struggling to manage resources to invest in basic IT infrastructure. Hence data analytics adoption, which requires both human personnel and technical infrastructure, is often yet to be strategically considered, shelved for the future, or even when outsourced, it is often poorly managed and under-resourced. Others are also […]

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RISE Conference 2022

Last week, we participated in the 2022 RISE annual conference. The RISE Programme applies systems thinking to education to understand why learning outcomes in a school, district, or country are poor, and why the conditions causing these low learning levels to exist.  The two-day conference was held at the Blavatnik School of Government, University of […]

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Nigeria Economic Update (Issue 23)

The June edition of the Monthly Oil Market Report (MOMR) of the Organization of Petroleum Exporting Countries (OPEC) shows that Nigeria produced an average of 1,262 million barrels per day (mbpd) in May 2022.2 This indicates a 3.45 percent decline from 1,306 mbpd produced in the preceding month, April. The continuous decline in production is […]

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CSEA wins the RISE Capacity Development Award

The Centre for the Study of the Economies of Africa (CSEA) has emerged winner of the RISE Capacity Development Award for its work on the Learning Trajectories Training. To celebrate the amazing achievements of the Research on Improving Systems of Education (RISE) community in supporting education systems in developing countries to overcome the learning crisis, the Research on Improving Systems […]

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CSEA participates in the launch of the report on Tobacco Industry Capture of the Virtual Space in Nigeria

CSEA Research Associate, Augustine Iraoya represented the Centre for the Study of the Economies of Africa at the launch of the report: Tobacco Industry Capture of the Virtual Space in Nigeria organized by the Corporate Accountability and Public Participation Africa (CAPPA) on Monday, June 20, 2022 in Abuja, Nigeria. The report examined Facebook, Twitter, Instagram, […]

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Nigeria Economic Update (Issue 22)

The value of capital importation into Nigeria in the first quarter of 2022 (Q1 2022) decreased to US$1.57 billion from US$2.19 billion recorded in the preceding quarter.1 When compared on a year-on-year basis to Q1 2021, capital importation decreased by 17.46 percent from US$1.91 billion. The largest inflow of capital importation by type was Portfolio […]

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Fiscal Analytic Snapshot: Nigeria

This brief provides an analytical snapshot of the economy and public finances in Nigeria. It is based on publicly available data produced by the Government of Nigeria, and a range of secondary analyses. It is part of a package of 6 country briefs commissioned by the Bill and Melinda Gates Foundation (BMGF) and is intended […]

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Nigeria Economic Update (Issue 21)

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) met on the 23rd and 24th of May 2022 to deliberate on local and global economic development. At the end of the meeting, the MPC increased the Monetary Policy Rate (MPR) by 150 basis points to 13 percent from 11.5 percent1. However, the […]

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