Publications

June 29, 2022

Nigeria Economic Update (Issue 24)

Data from the National Bureau of Statistics (NBS) shows that the average retail price of Automotive Gas Oil (Diesel) paid by consumers in Nigeria increased by 181 percent from N238.82 in…

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June 29, 2022

On Rising inflation in Nigeria

The inflationary episode intensified after the border closure in 2019. The disproportionate impact of inflation on vulnerable households and those working in sectors with low savings, such as agriculture, have…

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June 27, 2022

Towards A Data-driven Agenda among Indigenous Businesses in Africa

African indigenous businesses (AIBs) are in the nascent stages of becoming data-driven and innovative through data analytics. The data-driven agenda looks promising in industries like manufacturing (distribution), health, agriculture, and…

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June 27, 2022

Data-Driven Enterprises in Africa: An Evaluation of Winners and Losers

The fact is that indigenous firms are still struggling to manage resources to invest in basic IT infrastructure. Hence data analytics adoption, which requires both human personnel and technical infrastructure,…

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June 25, 2022

Nigeria Economic Update (Issue 23)

The June edition of the Monthly Oil Market Report (MOMR) of the Organization of Petroleum Exporting Countries (OPEC) shows that Nigeria produced an average of 1,262 million barrels per day…

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June 14, 2022

Nigeria Economic Update (Issue 22)

The value of capital importation into Nigeria in the first quarter of 2022 (Q1 2022) decreased to US$1.57 billion from US$2.19 billion recorded in the preceding quarter.1 When compared on…

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June 14, 2022

Fiscal Analytic Snapshot: Nigeria

This brief provides an analytical snapshot of the economy and public finances in Nigeria. It is based on publicly available data produced by the Government of Nigeria, and a range…

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June 13, 2022

Nigeria Economic Update (Issue 21)

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) met on the 23rd and 24th of May 2022 to deliberate on local and global economic development. At…

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June 2, 2022

Africa: Opportunities for a robust COVID-19 recovery grounded on SDG 16

The COVID-19 pandemic has posed significant challenges for the African continent in achieving peace, justice and inclusive and effective institutions, including significant negative effects on economic, social and political conditions.…

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June 1, 2022

Nigeria Economic Update (Issue 20)

Data from the National Bureau of Statistics (NBS) shows that Nigeria’s economy grew in real terms by 3.11 percent in Q1 2022.1 The growth rate is 2.6 percent points higher…

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May 28, 2022

The Economic and Social Costs of Out of School Children in Nigeria

Out-of-school children (OOSC) has long been a global problem that affects a country in various ramifications. With 10.5 million OOSC, Nigeria is recognised to have the largest number of children…

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May 26, 2022

Increasing Access To Quality Education For Rural And Marginalised Children In West Africa — A Comparative Study Of Accelerated Education and Girls Focused Programmes in Ghana, Nigeria and Sierra Leone.

The number of out-of-school children (OOSC) in Nigeria has increased at an alarming rate over the past years, reaching approximately 10.5 million children. According to the global out-of-school statistics compiled…

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May 23, 2022

Nigeria Economic Update (Issue 19)

In August 2019, the Nigerian government closed all land borders to check the smuggling of products, especially rice and petroleum products, and other illicit cross-border activities. In December 2020, sixteen…

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May 23, 2022

Nigeria Economic Update (Issue 18)

According to the Organization of Petroleum Exporting Countries (OPEC) May 2022 oil report, Nigeria’s oil production fell in April 2022.1 The report shows that Nigeria produced an average of 1.22…

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May 20, 2022

Nigeria Economic Update (Issue 17)

sector According to the data on credit allocation by sector released by the Central Bank of Nigeria (CBN), Deposit Money Banks (DMBs) ‘s allocation to the agricultural sector rose to…

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May 18, 2022

Addressing lack of public engagement in Africa’s data governance practices

Public participation is an integral aspect of ensuring effective and advanced data governance practices. African countries are largely in need of strong and efficient data governance systems. To build such…

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