Publications
Policy Proposals For External Debt Management And Sustainability In Developing And Low-Income Countries
The pandemic has taken a heavy toll on the global economy. The sources of economic growth and productivity gains have been constrained, and poverty and inequality have risen sharply. In…
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Nigeria Economic Update (Issue 36)
According to the National Bureau of Statistics (NBS), Company Income Tax (CIT) revenue increased in Q2 2022.1 CIT revenue was N714.40 billion in Q2 2022, an increase of 29.53 percent on…
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Nigeria Economic Update (Issue 35)
Nearly one year after the launch of the eNaira project, the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the Grand Finale of the eNaira Hackathon, announced…
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Nigeria Economic Update (Issue 34)
In the second quarter (Q2) of 2022, Nigeria’s Gross Domestic Product (GDP) grew by 3.54 percent (year-on-year) in real terms, which is an improvement compared to the 3.11 percent growth…
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Exchange Rate Volatility And Manufacturing Output In Ecowas Economies
This study examined the impact of exchange rate volatility on manufacturing output in the ECOWAS, using time series data spanning from 1970 to 2019. The study employed panel data analysis…
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Nigeria Economic Update (Issue 33)
Data from the Central Bank of Nigeria (CBN) shows that as of 17th August 2022, the official exchange rate of Naira to the US dollar was N420.83 for a dollar suggesting…
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Shaping Responsible Data Governance Institutions in Africa
Data governance frameworks, structures and implementation approaches are all institutionally driven. Building an African data economy that benefits citizens and businesses requires the existence of responsible, sustainable and robust data…
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Responsible Data Governance In Africa : Institutional gaps and capacity needs
Africa is quickly becoming the new data frontier in the face of continued increase in the deployment of digital technologies. A proportionate data governance ecosystem is, however, still lacking. The…
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Nigeria Economic Update (Issue 32)
According to the National Bureau of Statistics (NBS), Nigeria’s inflation rose to 19.64 percent in July 2022, from 18.60 recorded in June, 2022.1 This is 2.27 percentage points higher than…
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Has economic growth reduced poverty in Nigeria? A critical analysis of the last two decades
Poverty reduction has beena crucial issue at the centre of global policy development in recent years. Hence, the urgent drive to eradicate extreme poverty has drawn upon different approaches to…
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Nigeria Economic Update (Issue 31)
According to National Bureau of Statistics (NBS) data, Nigeria’s mineral production in 2021 was 89.48 million tons, which indicates a 39.19 percent improvement over the 64.29 million tons produced in…
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Nigeria Economic Update (Issue 30)
The recently released 2021 Electronic-payment Fact Sheet by the Nigerian Interbank Settlement System (NIBSS) shows that Nigerian banks had a total of 191.4 million bank accounts in 2021, out of…
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Nigeria Economic Update (Issue 29)
In line with the provisions of the Petroleum Industry Act (PIA), the Nigerian National Petroleum Corporation (NNPC) on July 16 was transformed into a new entity and regulated under the…
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Nigeria Economic Update (Issue 28)
The data from the June 2022 Money and Credit Statistics published by the Central Bank of Nigeria (CBN) shows that the net credit to the economy rose to N57.3 trillion at…
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The Boko Haram Conflict and Food Insecurity: Does Resilience Capacity Matter?
Drawing from a robust identification strategy and household panel data collected before and after households were exposed to the Boko Haram conflict, this paper addresses the question of whether resilience…
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Nigeria Economic Update (Issue 27)
According to the latest transport fare watch by the National Bureau of Statistics (NBS), the average cost of air transport was N55,906.86 in May 2022, an increase of 52.95 percent from N36,552.70…
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