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.
Nigeria
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.
Why Nigeria Needs To Adopt Data Analytics In Combating Corona Virus
At the tail end of the last quarter, the Nigerian government closed its land borders, banning all international flights and restricting interstate movement and consequently announcing a total lockdown in three states; Lagos, Ogun, and Abuja. This action by the government, which was necessitated by the upward trend in the number of coronavirus cases in […]
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 Nigeria’s International Trade (1981-2018)
The file attached contains data on Nigeria’s oil imports, non-oil imports, oil exports and non-oil exports from 1981 to 2018. […]
Turning the COVID-19 Tragedy into an Opportunity for a New Nigeria
By Godwin Emefiele, Governor of the Central Bank of Nigeria. As many people are now aware, the outbreak of the novel coronavirus disease in China has rapidly permeated and profoundly changed the world. While this crisis is first and foremost a public health issue, which has claimed the lives of over 123,600 people worldwide, and […]
Data on Nigeria’s Budgeted and Actual Revenue and Expenses (2010-2019)
Over the past 10 years, Nigeria have recorded surplus (actual revenue minus budgeted revenue) in revenue during three periods and those periods are 2010, 2011 and 2014. In 2010, budgeted revenue was N2.52 trillion while actual revenue was N3.09 trillion. In 2011, the government recorded revenue surplus of N237.50 billion and the revenue surplus was […]
Data on Electricity Costs of MDAs in Nigeria (2020 Budget)
As with every budget which detail expenses to be incurred by a government over a period of time, it contains expenses from salaries down to the lowest items in the budget. The data in the file below contains 2020 budgetary provisions for electricity charges and generator fuel cost for all the MDAs in Nigeria. It […]
Download Data on Nigeria’s Financial Inclusion
According to Enhancing Financial Innovation and Access (EFInA), financial inclusion is the provision of a broad range of high quality financial products such as savings, credit, insurance, payments and pensions, which are relevant, appropriate and affordable for the entire adult population, especially the low income and rural segment of the population.In a glance, there are […]