Publications

February 15, 2022

Nigeria Economic Update (Issue 5)

The CBN, in a recent circular to all banks and other financial institutions communicated an amendment to the Global Standing Instruction (GSI).3 The initial GSI which was introduced in July…

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February 9, 2022

Nigeria Economic Update (Issue 4)

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) retained the Monetary Poli-cy Rate (MPR) at 11.5 percent, as well as all other monetary parameters, at the first…

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February 8, 2022

Nigeria Economic Update (Issue 3)

On behalf of the Federal Government, the Debt Management Office (DMO) issued a N250 billion sovereign sukuk bond between the 16th and 23rd of December 2021, with a 346 percent…

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February 3, 2022

Nigeria Economic Update (Issue 2)

According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation rate increased on a month-on-month basis, from 15.40 percent in November 2021 to 15.63 percent in December 20211. This…

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January 24, 2022

Nigeria Economic Update (Issue 1)

The Nigerian National Petroleum Company (NNPC) Limited remitted N511.7 billion to the federation account between January and October 2021, against the projected sum of N2.09 trillion, resulting in a shortfall…

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January 22, 2022

Nigeria Economic Update (Issue 50)

The Nigerian National Petroleum Company (NNPC) Limited remitted N511.7 billion to the federation account between January and October 2021, against the projected sum of N2.09 trillion, resulting in a shortfall…

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January 21, 2022

Nigeria Economic Update (Issue 49)

According to the National Bureau of Statistics (NBS) latest report on Value-Added Tax (VAT), there was a 17.8 percent year-on-year increase in VAT revenue in Q3 2021. However, on a…

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January 19, 2022

Ethnic Inequality and Anti-authoritarianism in Sub-SaharanAfrica

There is a growing literature trying to explain differences in African citizens’ preferences towards democratic and non-democratic political institutions. Diamond et al. (1999), Evans and Whitefield (1995), and Kitschelt (1992)…

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January 3, 2022

Nigeria Economic Update (Issue 48)

The World Bank, at the launch of November 2021 edition of Nigeria’s Development Update discussed the state of Nigeria’s economy and made several policy recommendations. One of the notable suggestions…

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January 1, 2022

Nigeria Economic Update (Issue 47)

The Debt Management Office (DMO) is set to issue Sovereign Sukuk bond valued between N200 – N250 billion before the end of the year. The government stated that the fund…

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December 25, 2021

Facilitating Finance and Global Trade for Small and Marginal Farmers in Africa

Agriculture has been an integral part of the human society, the most persisting productive human engagement across times and space. Globally, about 5 billion hectares are classified as agricultural land…

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December 17, 2021

Nigeria Economic Update (Issue 46)

Estimates from the Organization of Petroleum Exporting Countries (OPEC) show that Nigeria produced about 1.25 million barrels per day (mbpd) in October 2021. This is below the budgeted crude oil…

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December 13, 2021

Nigeria Economic Update (Issue 45)

The Anchor Borrowers’ Programme (ABP) was established to create economic linkages between smallholder farmers (SHFs) and reputable companies (anchors) involved in the production and processing of key agricultural commodities. Its…

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December 9, 2021

Balancing a Digitally Enabled Work Environment & Economic Policy Processes in Nigeria in an era of pandemic

The impact of the COVID-19 pandemic has had devastating effects globally, and necessitated changes in the routines and operations of  institutions and societies.

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December 9, 2021

Doing Policy-relevant research

Differences in research quality is a key element of the assessment of universities, and most high ranking universities in the world have impressive scores in research quality

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December 2, 2021

Sport and Economy: The Fate of Developing Nigeria

Ever wondered why some countries win medals while others do not? Neither do they have the ability to win medals if they participate in sports event such as the Olympics?…

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