Publications

January 16, 2023

Socioeconomic costs of tobacco use and caregivers burden: implications for comprehensive tobacco control

Tobacco use kills primary and secondary smokers. While 7 million primary smokers die annually from tobacco use, more than 1.2 million non-smokers also die annually from being exposed to second-hand…

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January 12, 2023

Cryptocurrency spectrum and 2020 pandemic: Contagion analysis

While several studies evaluate the impacts of the novel coronavirus pandemic on different markets, it is worth the while to also examine its contagion (fractal) effect on the top (based…

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January 9, 2023

Attaining Sustainable Development Goals (SDGs): New Evidence on Foreign aid and the “Bundling” of Domestic Revenue Mobilization in Sub-Saharan Africa

With the global sustainable development goals, it has become imperative for developing countries, especially sub-Saharan African countries, to think inward on ways to increase domestically mobilized revenue. The recovery of…

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January 6, 2023

Nigeria Economic Update (Issue 50)

Data from the Nigeria Inter-Bank Settlement Systems (NIBSS) shows that transactions performed electronically through the NIBSS Instant Payment platform (NIP) in Nigeria grew to N38.9 trillion in November 2022, which…

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December 31, 2022

Agricultural Development Financing and Food Inflation in Nigeria: What the Government may need to do differently

Over the years, the Nigerian government has deployed development financing initiatives to boost food production through increased access to finance for farmers and other small businesses in the sector. While…

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December 14, 2022

Nigeria Economic Update (Issue 49)

The Central Bank of Nigeria (CBN) announced a new policy on cash withdrawals on 6th December 2022.2 According to the policy, the maximum weekly withdrawal over the counter is set…

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December 7, 2022

Nigeria Economic Update (Issue 48)

According to the Food Prices Watch by the National Bureau of Statistics (NBS), the average price of some selected food items in the country rose in October 2022.1 The report…

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December 5, 2022

Employment Creation Potential of Industries Without Smokestacks: A Nigeria Case Study

This report examines the potential for industries without smokestacks (IWOSS) in creating large-scale job opportunities in Nigeria, particularly for the young and female population subgroups. With the emergence of technology…

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November 30, 2022

Nigeria Economic Update (Issue 47)

The latest monthly oil market report (MOMR) of the Organisation of Petroleum Exporting Countries (OPEC) indicates that Nigeria’s crude oil production increased from 938 thousand barrels per day (tb/d) in…

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November 24, 2022

Nigeria Economic Update (Issue 46)

The National Bureau of Statistics, in its latest National Multidimensional Poverty Index Report, shows that 62.9 percent of Nigerians are multi-dimensionally poor, which translates to 132.93 million Nigerians.3 The Multidimensional…

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November 21, 2022

Nigeria Economic Update (Issue 45)

Total revenue and income generation by the rail sector dipped significantly in Q2 2022, according to the latest rail transport statistics published by the National Bureau of Statistics (NBS). The…

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November 7, 2022

Nigeria Economic Update (Issue 44)

Food prices in Nigeria experienced a further increase in September 2022, according to the Selected Food Prices Watch Report for September 2022, published by the National Bureau of Statistics (NBS).2…

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November 3, 2022

Nigeria Economic Update (Issue 43)

According to the 2022 global hunger index (GHI) report, Nigeria ranked 103rd out of 121 countries, suggesting Nigeria’s weak and fragile food system.3 The GHI is a tool for measuring…

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October 26, 2022

Nigeria Economic Update (Issue 42)

According to Telecommunications Sector Data for the second quarter (Q2) of 2022, released by the National Bureau of Statistics (NBS), Nigeria’s telecoms sector experienced a growth in both voice and…

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October 21, 2022

Cross-Border Data Flows in Africa: Policy Considerations for the Afcfta Protocol on Digital Trade

The original Industrial Revolution was powered by steam; the second by electricity. The rise of digitisation and automation generally defined the Third Industrial Revolution, which was largely powered by oil.…

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October 18, 2022

Nigeria Economic Update (Issue 41)

Data from the Central bank of Nigeria (CBN) shows that Nigeria’s external reserves dropped to $37.9 billion as of Wednesday, October 12, 2022, from $38.8 billion on September 12 2022.1…

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