Publications

May 20, 2016

Nigeria Economic Update (Issue 21)

Recent data from the National Bureau of Statistics (NBS) shows that the value of capital imported to Nigeria declined by 54.34 percent; from $1.56 billion 2015Q4to $710.97 million in 2016Q11.…

Download ↓ Read →

May 20, 2016

Nigeria Economic Update (Issue 22)

Power sector analysis shows a decline in power generated by 15.07 percent from a peak of 3,424 mw to 2,908 mw between May 8, 2016 and May 15, 20169. The…

Download ↓ Read →

May 10, 2016

Nigeria Economic Update (Issue 20)

Power sector analysis shows an increase in power generated by 15.5 percent from 3639.2 megawatt to a peak of 4196.2 megawatt between April 22, 2016 and April 29, 201612, albeit…

Download ↓ Read →

May 9, 2016

Nigeria Economic Update (Issue 19)

A recent report by the National Bureau of Statistics (NBS) indicates that Internally Generated Revenue (IGR) at the subnational level decreased slightly between 2014 and 2015. Specifically, the report shows…

Download ↓ Read →

May 3, 2016

Nigeria Economic Update (Issue 18)

Inflation rate continued its upward trajectory in the week under review. Specifically, the Consumer Price Index (CPI) increased by 1.39 per cent, from 11.38 per cent in February to 12.77…

Download ↓ Read →

May 3, 2016

Export Commodity Prices And Long-Run Growth Of Primary Commodities-Based African Economies

There is a link between primary commodity export prices and economic performance. Many African economies are primary commodities export biased, often in few primary commodities. Previous studies focus on the…

Download ↓ Read →

April 30, 2016

Transiting from Plan to Implementation: Challenges and Opportunities Ahead for Sustainable Development Goals in Nigeria

Global efforts over the next 15 years will focus on successfully implementing the Sustainable Development Goals (SDGs) agreed to under the 2030 Agenda for Sustainable Development. Most developing countries will face enormous…

Download ↓ Read →

April 28, 2016

Nigeria Economic Update (Issue 16)

Nigerias Bonny light price declined by 7.1 percent from $40.19 per barrel on March 24, 2016 to $37.32 per barrel on April 1, 20162. OPEC weekly basket price also decreased…

Download ↓ Read →

April 28, 2016

Nigeria Economic Update (Issue 17)

Power sector analysis shows a decline in power generated by 8.5 percent from a peak of 3,675 mw to 3,362 mw between April 3, 2016 and April 10, 20169. This…

Download ↓ Read →

April 11, 2016

Nigeria Economic Update (Issue 15)

Recent data on Nigerias labour market points to a rise in the rate of unemployment and underemployment in 2015Q4. Specifically, compared to 2015Q3, the rate of unemployment and underemployment rose…

Download ↓ Read →

April 5, 2016

Nigeria Economic Update (Issue 14)

The considerable increase in inflation continued to be driven by exchange-rate-pass-through from imported items as well as the lingering scarcity in the availability of Premium Motor Spirit (PMS). One of…

Download ↓ Read →

March 29, 2016

Nigeria Economic Update (Issue 13)

Recent Data on Nigerias Real GDP growth rate (Year-on-Year) declined by 0.73 percentage points, from 2.84 per cent in 2015Q3 to 2.11 percent in 2015Q4. The slowdown in economic growth…

Download ↓ Read →

March 22, 2016

Nigeria Economic Update (Issue 12)

The naira/dollar exchange rate remained largely stable at the parallel market at ?320/$ during the period7, albeit slight fluctuations on February 29, 2016 (?325/$) and March 2, 2016 (?328/$). The…

Download ↓ Read →

March 8, 2016

Nigeria Economic Update (Issue 11)

In the crude oil market, OPECs weekly basket price increased 1.07 percent from $29.02 per barrel in February 19 to $29.33 per barrel in February 26. A combination of factors…

Download ↓ Read →

March 3, 2016

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…

Download ↓ Read →

February 26, 2016

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…

Download ↓ Read →