Publications
Nigeria Economic Snapshot (May 2024)
This snapshot for May 2024 provides trends, and insights on key macroeconomic indicators such as Inflation, foreign reserves, currency in circulation and crude oil prices.
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Nigerian Economic Update (Issue 16)
The Central Bank of Nigeria (CBN), in a recent letter, has announced the reduction of the Loan-to-Deposit Ratio (LDR) of commercial banks from 75 percent to 50 percent, indicating a decline…
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Nigeria Economic Update (Issue 15)
According to the NBS latest labour survey, a total of 617,503 individuals were subjected to forced labour in their current job in 2022. This translates to a prevalence rate of…
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Nigeria Economic Update (Issue 14)
According to the Nigeria Electricity Report for Q4 2023, revenue collected by the DISCOs during the period was N294.95 billion, an increase from N260.16 billion in Q3 2023. The increment in revenue…
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Nigeria Economic Update (Issue 13)
The latest report on the Cost of a Healthy Diet (CoHD) in Nigeria by the NBS shows that the national average cost of a healthy diet rose to N938 per…
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Bridging the data divide: Empowering Africa’s SMEs to leverage data for growth
Data has become the currency of progress and innovation. Yet, Africa finds itself at the crossroads of a data divide, restricting its economic growth and stifling its entrepreneurial spirit. This…
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Nigeria Economic Update (Issue 12)
In its recent Money and Credit statistics, the Central Bank of Nigeria (CBN) revealed that bank’s credit to the private sector increased month-on-month (MoM) by 5.99 percent from N76.29 trillion in…
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Nigeria Economic Update (Issue 11)
Nigeria’s external reserves rose slightly to $34.49 billion on March 21, 2024. The increment could be attributed to multiple factors including inflow of foreign capital and an increase in global…
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Nigeria Economic Update (Issue 10)
The recent Foreign Trade in Goods Statistics released by the National Bureau of Statistics (NBS) shows that Nigeria recorded a trade deficit of N1.41 trillion in the fourth quarter of…
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Nigeria Economic Update(Issue 9)
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), in its 293rd meeting held on the 27th of February, raised the Monetary Policy Rate (MPR) by 400…
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Nigeria Economic Snapsot (March 2024)
This snapshot for March 2024 provides trends, and insights on key macroeconomic indicators such as Inflation, foreign reserves, currency in circulation and crude oil prices.
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Enhancing Data Sharing Practices Between Government Agencies
In today’s fast-paced world, access to accurate and timely data is crucial for effective governance and decision-making. Policymakers often struggle to access the data they need to make informed decisions…
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Enhancing Macroeconomic Resilience: A Comparative Analysis of Nigeria and Ghana
Nigeria and Ghana have experienced a range of economic shocks over the past two decades, including natural disasters, commodity-price fluctuations, financial crises and global economic downturns. These shocks have significantly…
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The potential Fiscal and Health Effects of Sugar-Sweetened Beverage Tax in Nigeria
Using data from a dedicated survey conducted by the Centre for the Study of the Economies of Africa (CSEA) and led by the Corporate Accountability and Public Participation Africa (CAPPA)…
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Nigeria Economic Update (Issue 8)
In its recent CPI and Inflation report, the National Bureau of Statistics (NBS) revealed that Nigeria’s inflation rate increased to 29.90 percent in January 2024, a 0.98 percentage points rise from…
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A Call to Action: Deepening States’ Contribution to Ending Gender-Based Violence (GBV) in Nigeria as a Panacea for Gender Inclusion
Ending Gender-based Violence (GBV) as highlighted within SDG 5, aims to achieve gender equality and inclusion. Specifically, SDG 5.2 seeks to eliminate all forms of violence against all women and…
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