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Nigeria Economic Update Issue 35

The first article is titled: 'Fall in GDP growth rate'. It discusses Nigeria’s economy which performed poorly and witnessed a second consecutive quarter of weakened growth as real GDP slowed to a year-on-year growth rate of 1.94% in the second quar…

Nigeria Economic Update Weekly Digest Issue 40

The document comprises several articles, in the first article, titled Decline in Stock Market Indices it discusses the Market indices at the Nigeria Stock Exchange which closed downward in the trading week ended October 4, 2019. The bourse recorded …

Nigeria Economic Update Issue 1

In this document several aspects regarding the Nigerian economy is explored. Firstly, under the heading: Economic Growth - the increase of the GDP growth rate is discussed. Energy, Oil and gas, talks about the decline of the OPEC weekly basket price…

Nigeria Economic Update Issue 5

This document examines several issues, firstly the crude oil price is discussed. It starts by discussing the slump of the OPEC's weekly basket price, as well as the crude oil price. Secondly, the decline of External reserves in January were discusse…

Nigeria Economic Update Issue 7

In the first article which handles about the Monetary Policy, it discusses briefly the Central Bank of Nigeria (CBN) and the communiqué No.105 of the Monetary Policy Committee (MPC) meeting and the results and outcomes. The next article discusses Cr…

Nigeria Economic Update Issue 6

The first article in this short report is entitled: Crude Oil and discusses OPEC’s weekly basket price slump. The next article discusses Foreign Direct Investment and the latest figures of FDI flows to Nigeria. The next article discusses the inflati…

Nigeria Economic Update Issue 9

This short update discusses several issues briefly. Firstly it talks about Crude Oil and Gas and specifically the OPEC weekly basket price which decreased by 7.4 percent from $29.20 per barrel on February 5th to $27.04 per barrel on February 12, 201…

Nigeria Economic Update Issue 10

This update features several short articles. Under the heading: Foreign Exchange - the Naira's significant depreciation by 11.2% is discussed which escalated from N335/$ on February 12th to N370/$ on February 19th, 2016 at the parallel market segmen…

Nigeria Economic Update Issue 11

This short article discusses the following issues. Firstly, it talks about the crude oil price and the crude oil market, OPEC’s weekly basket price increase by 1.07 % from $29.02 per barrel in February 19 to $29.33 per barrel in February 26. A comb…

Nigeria Economic Update Issue 22

This brief report discusses several matters regarding the Nigerian economy. The first articles about Crude oil - discusses Nigeria’s Bonny light price increased by 6.1 percent from $44.17 per barrel on May 6, 2016 to $46.86 per barrel on May 13, 20…

Nigeria Economic Update Issue 17

This short report discusses the following: The first article is about Crude Oil - It reports on the OPEC basket price which experienced fluctuations in its price this week. The basket price decreased at the beginning of the week from $34.54 per bar…

Nigeria Economic Update Issue 16

This short report discusses the following: The first article is about the Purchasing Managers Index which measures business performance in the Manufacturing and Non-Manufacturing sector of the economy which improved slightly, although it under-perfo…

Nigeria Economic Update Issue 21

This document provides a brief update on several aspects of the Nigerian economy. The first article discusses Capital Importation - Recent data from the National Bureau of Statistics (NBS) shows that the value of capital imported to Nigeria declined…

Nigeria Economic Update Issue 20

This report provides a brief update on the current economic situation in Nigeria. The first article discussed the Crude oil price which increased week-on-week. The OPEC weekly basket price increased from $38.64 on April 22, 2016 to $41.08 on April 2…

Nigeria Economic Update Issue 18

This economic update informs about the following matters relating to the Nigerian Economy. The first article is about the inflation rate, which continued its upward trajectory in the week under review. Specifically, the Consumer Price Index (CPI) in…

Nigeria Economic Update Issue 23

This document provides brief information on the Nigerian Economic Situation. The first article is on the Gross Domestic Product - Recent Data on Nigeria’s Real GDP growth rate (Year-on-Year) declined by 2.47 percentage points, from 2.11 % in 2015 Q4…

Nigeria Economic Update Issue 28

This brief update on the current stance of the Nigerian economy firstly discussed the Foreign Exchange and Foreign Reserves, starting with the depreciation of the Naira at the interbank foreign exchange market between June 17, 2016 and June 24,2016,…

Nigeria Economic Update Issue 29

This economic update informs about the following matters relating to the Nigerian Economy. The first article is about the Purchasing Managers Index (PMI) which measures business performance and briefly discusses the decline in both the Manufacturing…

Nigeria Economic Update Issue 30

This brief report discusses several matters regarding the Nigerian economy. The first article is about Crude oil - it discusses the significant decline of Nigeria’s bonny light price by 5.2% from $47.91 per barrel on July 1, 2016 to $45.41 per barre…

Nigeria Economic Update Issue 24

This economic update informs about the following matters relating to the Nigerian Economy. The first article is on the Monetary Policy - briefly discusses the outcome of the monitory policy Committee (MPC) which was held on the 23rd and 24th of May …

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