Sector

An Update on the Nigerian Electrification Project: Electrifying Nigeria’s most underserved

The Nigerian Electrification Project (NEP) is a federal government scheme designed in 2018 with the World Bank, the African Development Bank (AfDB), and other partners to provide energy access to under- and unserved communities in Nigeria using renewable sources. It is a private sector-driven nationwide initiative implemented by the country’s Rural Electrification Agency (REA). The […]

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The implication of Covid-19 pandemic on the Nigerian Economy

The Global Health Hazards and Economic Impacts of COVID-19 In December 2019, a cluster of pneumonia cases from an unknown virus surfaced in Wuhan, China. Based on initial laboratory findings, the disease named Coronavirus disease 2019 (abbreviated as COVID-19), was described as an infectious disease that is caused by severe acute respiratory syndrome coronavirus 2. […]

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Nigeria Economic Update (Issue 28)

Nigeria’s Micro, Small and Medium Enterprises (MSME) sector showed noteworthy growth potentials between 2013 and 2017. A total number of 4.4 million MSMEs were established within the time period, increasing the sector’s economic participation to 41.5 million MSMEs1. As an important backbone of economic growth and development, the MSMEs contribute to employment and job creation. […]

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