Macroeconomic Report & Economic Updates
Nigeria Economic Update (Issue 10)
Nigerias inflation rate remained above CBNs bandwidth of 6-9 per cent. Specifically, the inflation rate increased slightly from 9.55 percent in December 2015 to 9.62 percent in January 20165. The…
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Nigeria Economic Update (Issue 9)
The naira depreciated by 8.2 percent from N305/$ on February 5th, to N330/ $ on February 12th 20166. The apex body identified the increased domestic demand for forex to pay…
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Nigeria Economic Update (Issue 8)
Recent data from the National Bureau of Statistics (NBS) show that total capital importation in 2015 fell steeply by 53.5 per cent from $20,750.76 million in 2014 to $9,643.01 million…
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Nigeria Economic Update (Issue 7)
External reserve dropped slightly by 0.6 per cent from $28.35 billion in January 22 to $28.19 billion in January 295. Considering the continuous decline, government has stepped up efforts towards…
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Nigeria Economic Update (Issue 6)
Latest figures of FDI flows to Nigeria show a decline of 27 per cent from $4.7 billion in 2014 to $3.4 billion in 20152, representing its lowest value since 2005.…
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Nigeria Economic Update (Issue 2)
Inflation rate rose slightly to 9.4 percent in November 2015 from 9.3 percent in the previous month. This rise is attributed to price increase in Food and Non-Alcoholic Beverages, and…
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Nigeria Economic Update (Issue 3)
The Nigeria stock market indices; All Share Index (ASI) and Market Capitalization declined by 2.4 percent to close at 26537.36 points and N9.12 trillion respectively at the end of the…
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Nigeria Economic Update (Issue 4)
The Naira/Dollar exchange rate remained unchanged at ?199/$ in the official market but depreciated from ?263/$ to $267 at the Bureau De Change (BDC) market segment this week. As the…
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Nigeria Economic Update (Issue 5)
All Share Index (ASI) and Market Capitalization declined by 13 percent to close at 23514.04 points and N8.09 trillion respectively at the end of the trade session on January 15.…
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Nigeria Economic Update (Issue 1)
GDP growth rate increased marginally by 2.84 percent in Q3 2015 from 2.35 percent in the preceding quarter. Nominal GDP increased to N24.3 million from N22.9 million in the preceding…
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Nigeria Economic Review (First Half Report 2015)
The modest growth in the global output witnessed in the first quarter of 2015 was driven mainly by advanced economies, particularly the United States. Growth slowed down significantly in emerging…
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Nigeria Economic Review (First Half Report 2014)
Globally, advanced economies showed strong signs of recovery during 2014H1 despite the adverse effect of the severe winter (especially on the United States economy) while economic activities slowed and growth…
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