Publications
Nigeria Economic Update (Issue 32)
In the week ended 7th August, the Nigerian Stock Exchange (NSE) reported a week on week growth as 1.065 billion shares were traded compared to the 0.421 billion shares traded…
Download ↓ Read →Nigeria Economic Update (Issue 31)
According to the Central Bank of Nigeria’s (CBN) Business Expectation Survey carried out in July, the business outlook rose by 16.4 index points month on month. However, the overall Confidence…
Download ↓ Read →Nigeria Economic Update (Issue 30)
Microsoft Word – Harvard help sheet The Nigerian Investment Promotion Commission (NIPC) reported a 67 percent decline in investment in H1 2020, compared to H1 2019. The decline saw investment…
Download ↓ Read →Nigeria Economic Update (Issue 28)
Microsoft Word – Harvard help sheet The inflation rate for the month of June rose to 12.56 percent from 12.40 percent in May1. The rise in inflation was driven by…
Download ↓ Read →Nigeria Economic Update (Issue 28)
The Central Bank of Nigeria (CBN) recently announced a ban on the importation of maize/corn1. This ban adds maize to the list of 41 other products some of which include…
Download ↓ Read →Nigeria Economic Update (Issue 27)
According to the Debt Management Office (DMO), the outstanding public debt declined by 5.65 percent from $84 billion to $79.3 billion between December 2019 and March 20201. The reduction was…
Download ↓ Read →Assessing Africa’s digital response strategy to Covid-19
Digital technologies have proven to be a crucial factor in the fight against covid-19, and response strategies to reduce the social and economic impacts of the pandemic. With the restriction…
Read →Nigeria Economic Update (Issue 26)
The manufacturers Purchasing Managers Index (PMI) declined by 3 percent to 41.1 index points between May and June 2020, indicating an increased shrinking in the sector1. The slowdown was noted…
Download ↓ Read →Nigeria Economic Update (Issue 25)
According to the CBN, crude oil price has risen to $42.94per barrel, a 33 percent rise compared to $32.25 per barrel in the previous month.[i] The rise comes just as…
Download ↓ Read →Nigeria Economic Update (Issue 24)
Total trade declined by 17.94 percent to ₦8.304 billion in Q12020 compared to Q420191. The decline was driven by a drop in both total imports and export value which fell…
Download ↓ Read →Assessing Digitalization and Data Governance Issues in Africa
The growth of digitalization and digital technology adoption in Africa holds the key to strengthening and diversifying economies across the continent. Although these developments offer potentially life-changing benefits for consumers,…
Read →Nigeria Economic Update (Issue 23)
A recently released CBN report indicates a weakened business outlook of -66.2 points for the month of May. The agriculture and service sectors are the worst hit, recording a decline…
Download ↓ Read →The Impact of Covid-19 on Africa’s Pre-Existing Vulnerabilities
The COVID-19 pandemic has had devasting effects in many countries across the globe, affecting every aspect of humanity. The scale of the crisis was unprecedented, with both developed and developing…
Read →Nigeria Economic Update (Issue 22)
Foreign capital imported into Nigeria increased by 53.97 percent from US$3.8 billion in the fourth quarter of 2019 to US$5.85 billion in the first quarter of 2020. This rise was…
Download ↓ Read →Is Nigeria experiencing a learning crisis: Evidence from curriculum-matched learning assessment
Agenda 2030 sets an ambitious target to provide inclusive and quality education for all. The first step in this quest is identifying those left behind in accessing quality education and…
Read →Nigeria Economic Update (Issue 21)
A recently released NBS report indicated a 20.92% rise in Internally Generated Revenue (IGR) in 2019. The year on year rise saw total IGR hit ₦1.33 trillion. The rise was…
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