Publications
The Effect of the African Continental Free Trade Area on Medium Small & Micro-scale Enterprises in Nigeria
Recently, we worked with members of the organized Private Sector of Nigeria, supported by Center for International Private Enterprise (CIPE) Africa to research the growth potential of the African Continental…
Download ↓ Read →Green Finance Mechanisms in Developing Countries: Emerging Practice
To counter the devastating impact of COVID-19, calls are growing for countries to ‘build back better’ in an effort to create a more inclusive and sustainable economy that is climate…
Download ↓ Read →Nigeria Economic Update (Issue 46)
Data from the National Bureau of Statistics (NBS) shows that the average price paid for premium motor spirit (petrol) by consumers increased by 10.79 percent year-on-year to N161.17 in October…
Download ↓ Read →Nigeria Economic Update (Issue 45)
The Federal Executive Council has ratified Nigeria’s membership of the African Continental Free Trade Area (AfCFTA) agreement ahead of the December 5, 2020 deadline.1 The AfCFTA, which comes into effect…
Download ↓ Read →Nigeria Economic Update (Issue 44)
The manufacturing and non-manufacturing Purchasing Managers’ Index (PMI) for the month of October showed a slowing contraction relative to previous months, making it the 7th consecutive month both indices have…
Download ↓ Read →Nigeria Economic Update (Issue 43)
The International Monetary Fund (IMF) has projected that the GDP growth for Nigeria will shrink to -4.3 percent at the end of 2020 from 2.2 percent in 2019.1 The negative…
Download ↓ Read →Nigeria Economic Update (Issue 42)
Total geographical distribution of credit by state increased by 1.82 percent to N18.9 trillion in the second quarter of 2020 from N18.56 trillion in the first quarter of 2020.1 Lagos…
Download ↓ Read →Nigeria Economic Update (Issue 41)
President Muhammadu Buhari presented the Federal Government’s Proposal for the 2021 fiscal year before a joint sitting of the National Assembly. The proposed Revenue and Expenditure budgets are ₦7.89 trillion…
Download ↓ Read →Nigeria Economic Update (Issue 40)
Data from the National Bureau of Statistics (NBS) shows that 2,080 road accidents occurred in the second quarter of 2020.¹ Accounting for 47 percent of crashes, speed violation was reported…
Download ↓ Read →Nigeria Economic Update (Issue 39)
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to reduce the Monetary Policy Rate by 100 basis points, from 12.5 percent to 11.5 percent.¹ Other…
Download ↓ Read →Nigeria Economic Update (Issue 38)
he World Bank has approved of $750 million for the Power Sector Recovery Programme (PSRP) through the International Development Association (IDA).1 The disbursement plan to commence in 2021 is as…
Download ↓ Read →Nigeria Economic Update (Issue 37)
A recently conducted study by the World Bank shows that the cost of mortality and morbidity due to air pollution from exposure to fine particulate matter (PM₂.₅) stood at $2.1…
Download ↓ Read →Accelerating green energy transition in Africa through regional integration
This brief examines the challenges towards green energy transition in Africa and the prospect of regional integration in fast-tracking this process. Regional integration as being proposed among African countries can…
Download ↓ Read →Reopening Schools For Learning
As part of its response to combat COVID-19, the Nigerian government temporarily closed schools. To reopen schools, effective guidelines must be developed and implemented to protect students, staff, parents, and…
Download ↓ Read →Nigeria Economic Update (Issue 35)
Total capital imported into Nigeria decreased by 77.88 percent from $5.85 billion to $1.29 billion between first quarter and second quarter of 2020.1 A disaggregation of the data shows that…
Download ↓ Read →