Over the past five years, Nigeria has experienced oscillatory movement in manufacturing output growth. According to the latest national accounts, manufacturing sector growth contracted to -1.9%...
The oil economy declined by -11.8% y/y in Q2 ’22 compared with 6.6% y/y recorded in Q1 ’22
Internet subscriptions stood at 152.3 million in August ’22, representing an increase of 0.2% m/m and 8.6% y/y
Today we shed some light on the recently published Nigeria Development Update by the World Bank titled “The Continuing Urgency of Business Unusual”. The publication provides...
The gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N725.6bn in April (from...
In its latest World Economic Outlook (WEO), the IMF has trimmed its global forecast for 2022 to 3.6% y/y from 4.4% y/y. For 2023, the growth...
The importance of a vibrant manufacturing sector in emerging economies cannot be overemphasized. A functional manufacturing base attracts increased research, productivity, and exports. In addition, due...
The National Bureau of Statistics (NBS) has released its latest report on capital importation for Q4 ’21. The data was obtained from the CBN and compiled...
Nigeria in focus The latest report from the National Bureau of Statistics (NBS) in its series on foreign trade in goods shows the total value of...
According to Nigeria’s Debt Management Office (DMO), Nigeria’s total public debt rose by 4.1% or N1.5trn from N38trn at end-September ‘21 to N39.5trn at end-December 2021....