Five Things we Learnt from the 2019 NBS Poverty and Inequality Report
5 Key things you should know about the poverty situation in Nigeria based on the Nigerian Living Standards Survey.
Author: Abdulazeez Kuranga
COVID-19: What we Learnt One Week after Gradual Ease of Lockdown
On 4th May, the first phase of the gradual ease started and residents of Lagos state and Abuja were able to go out to their places of work again. As an independent economic research group, we also set out to observe how the citizens went about their economic activities, how they conveyed themselves, the cost associated with the movement as well as the activities of the transport unions in enforcing social distancing.
In their Numbers; Financial and Job Losses in the Aviation Sector Around the World
Due to the outbreak of Covid-19, countries have resorted to restricting movements, closing their borders as well as closing down the domestic economy (with the exception of essential services being allowed to move). Elsewhere, there was an oil price war between Saudi Arabia and Russia, which sent the price of headline crude oil to the […]
COVID-19: Now is the Time for LASG to Lift Ban on Okada and Keke Napep
This article gives an insight into how the citizens will likely react to the ease of lockdown within the first few weeks. It also explains why the use of Okada and Keke Napep will reduce contacts once the lockdown is lifted.
Why Oil Price Crashed Below $0 Per Barrel
First of all, there are Different Brands of Crude Oil To start, it is worthy to note that there are different variants of crude oil in the international market with the Brent serving as the benchmark just the same way the United States dollar is the benchmark when converting different currencies of the world. The […]
IMF WEO: How the World will Grow in the Great Lock Down of 2020
This article gives a brief summary of how the IMF expects the world to grow in 2020, highlight the top 10 countries to grow in 2020 (with special focus on Guyana), highlight countries that will fall the most in 2020, as well as give a special case study of selected African countries.
Data on Top 100 Leading Fintech Cities in the World
The 2020 Global Fintech Ranking by Findexable is the first fully global fintech index covering more than 7000 fintechs in more than 230 cities across 65 countries. In partnership with 18 fintech networks and associations in different countries and continents of the world, the Findexable Global Fintech Index City Rankings ranks 7000 fintechs across 230 […]
Data on Lagos State Finances (2016-2018)
Between 2016 and 2018, Lagos State Government has spent N712.76 billion on recurrent expenditure while N703.36 billion was spent on capital expenditure. While N122.595 billion was obtained as Federal Allocation from 2016 to 2018, the Lagos state government was able to generate N853.95 billion as tax revenue during the same period under review. Lagos state […]
Download Dashboard on Global Competitive Index
The Global Competitive Index (GCI) is an index introduced by the World Economic Forum (WEF) which is an annual yardstick (anchored on how efficiently units of labour and capital are combined for generating output) for policy makers to look beyond short-term and reactionary measures and to instead assess their progress against the full set of […]
COVID-19: The Trouble that Lies Ahead for the Federal Accounts Allocation Committee (FAAC)
This article explains the trouble that lies ahead of FAAC going forward by first graphically explaining the relationship between oil prices and total monthly allocation, then examining the trend in monthly revenue sharing since 2017, compare with other months and years, as well as forecast what will happen going forward given the global pandemic as well as the price war which have led to share decline in the price of crude oil in the international market.