January 3, 2022

Nigeria Economic Update (Issue 48)

The World Bank, at the launch of November 2021 edition of Nigeria’s Development Update discussed the state of Nigeria’s economy and made several policy recommendations. One of the notable suggestions…

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January 1, 2022

Nigeria Economic Update (Issue 47)

The Debt Management Office (DMO) is set to issue Sovereign Sukuk bond valued between N200 – N250 billion before the end of the year. The government stated that the fund…

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December 25, 2021

Facilitating Finance and Global Trade for Small and Marginal Farmers in Africa

Agriculture has been an integral part of the human society, the most persisting productive human engagement across times and space. Globally, about 5 billion hectares are classified as agricultural land…

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December 17, 2021

Nigeria Economic Update (Issue 46)

Estimates from the Organization of Petroleum Exporting Countries (OPEC) show that Nigeria produced about 1.25 million barrels per day (mbpd) in October 2021. This is below the budgeted crude oil…

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December 13, 2021

Nigeria Economic Update (Issue 45)

The Anchor Borrowers’ Programme (ABP) was established to create economic linkages between smallholder farmers (SHFs) and reputable companies (anchors) involved in the production and processing of key agricultural commodities. Its…

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December 9, 2021

Balancing a Digitally Enabled Work Environment & Economic Policy Processes in Nigeria in an era of pandemic

The impact of the COVID-19 pandemic has had devastating effects globally, and necessitated changes in the routines and operations of  institutions and societies.

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December 9, 2021

Doing Policy-relevant research

Differences in research quality is a key element of the assessment of universities, and most high ranking universities in the world have impressive scores in research quality

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December 2, 2021

Sport and Economy: The Fate of Developing Nigeria

Ever wondered why some countries win medals while others do not? Neither do they have the ability to win medals if they participate in sports event such as the Olympics?…

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December 1, 2021

Nigeria Economic Update (Issue 44)

Nigeria external reserves exceeded US$ 40 billion on 18th November 2021 according to Central Bank of Nigeria (CBN) dataset on external reserves.2 A total of US$ 5.5 billion external reserves…

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November 26, 2021

Nigeria Economic Update (Issue 43)

The Central Bank of Nigeria (CBN) introduced the Tertiary Institutions Entrepreneurship Schemes (TIES) to promote the culture of entrepreneurship among the undergraduates and graduates of Nigerian Universities and Polytechnics. The…

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November 3, 2021

Nigeria Economic Update (Issue 42)

According to the National Bureau of Statistics (NBS), the average price of Premium Motor Spirit (PMS) commonly referred to as petrol increased by 2.36 percent year-on-year but experienced a month-on-month…

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November 1, 2021

Nigeria Economic Update (Issue 41)

Under the Nigeria Youth Investment Fund (NYIF), the Central Bank of Nigeria (CBN) as part of its development finance initiative in collaboration with the Federal Ministry of Youths and Sports…

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October 31, 2021

Counting the costs: the diverse impact of the pandemic in sub-Saharan Africa

About 30 million Africans were pushed into extreme poverty in 2020 as a result of the pandemic and it is estimated that about 39 million Africans could fall into extreme…

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October 14, 2021

Nigeria Economic Update (Issue 40)

According to the Debt Management Office (DMO), there was an increase in the country’s total public debt stock in Q2 2021 from the total recorded in Q1 2021.1 The total…

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October 13, 2021

COVID-19: How Can The G20 Address Debt Distress In SSA?

The Covid-19 pandemic occurred at a time when sovereign debt had already increased substantially in Sub-Saharan Africa (SSA). Between 2010-2017, government debt as a share of GDP averaged 34.5% in…

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October 8, 2021

Nigeria Economic Update (Issue 39)

As part of its ongoing intervention to address food insecurity, the Central Bank of Nigeria (CBN) has disbursed a total of N798.09 billion to the Anchor Borrowers Programme (ABP) since…

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