Centre for the Study of the Economies of Africa (CSEA)

Is Nigeria at Risk of Another Recession? CSEA Research Associate, Isiaka Akande Raifu, examines the potential impact from the recent plunge in global oil prices and its implications for the Nigerian economy and offers actionable policy recommendations. Find out what this means for the Nigerian economy and how it can navigate these challenges. Join the conversation! What steps should Nigeria take to mitigate the risks? #nigeria #recession# #tariffs #TradeWar #oil #GlobalTrade #EconomicPolicy

With the IMF projecting Nigeria's economic growth at 3.2% for 2025, the forecast has been revised from 3.1% last October. However, the 2026 projection is lowered to 3.0%, reflecting challenges like naira depreciation and declining external financing. While Sub-Saharan Africa's growth is expected at 4.2%, Nigeria's outlook lags behind the regional average. Addressing inflation and improving tax administration is crucial for enhancing economic resilience and promoting sustainable growth. Watch full video: https://lnkd.in/dSx8xtD8 #NigeriaEconomy #IMF #EconomicGrowth #Finance #SustainableDevelopment #Nigeriaeconomicupdate #cseaafrica

With the IMF projecting Nigeria's economic growth at 3.2% for 2025, the forecast has been revised from 3.1% last October. However, the 2026 projection is lowered to 3.0%, reflecting challenges like naira depreciation and declining external financing. While Sub-Saharan Africa's growth is expected at 4.2%, Nigeria's outlook lags behind the regional average. Addressing inflation and improving tax administration is crucial for enhancing economic resilience and promoting sustainable growth. Watch full video: https://lnkd.in/dSx8xtD8 #NigeriaEconomy #IMF #EconomicGrowth #Finance #SustainableDevelopment #Nigeriaeconomicupdate #cseaafrica

At CSEA, we are committed to fostering a culture of continuous learning and development. Recently, our Senior Research Fellow, Dr. Noah Olasehinde, facilitated an insightful workshop on the fundamentals of working with microdata using Stata—from understanding data types and measurement to applying practical analysis techniques. This hands-on training empowered our research team with vital skills in data exploration, management, and analysis—strengthening our capacity to produce high-impact, evidence-based research. #CSEA #DataAnalysis #Stata #ResearchSkills #ResearchMethods

A Glimmer of Hope for the Naira: What It Means for Nigeria’s Economic Landscape In February 2025, the Naira, often battered by volatility, found its footing, strengthening against major currencies like the USD and Euro. According to the latest Foreign Exchange Report from the Central Bank of Nigeria (CBN), the Naira appreciated by 2.33% against the dollar, averaging ₦1,500.97 per dollar. It also recorded a 1.82% gain against the euro, settling at ₦1,562.35 from ₦1,590.72 in January. What’s behind this upward trend? Strategic policies from the CBN, including the Electronic Foreign Exchange Matching System, the Nigeria Foreign Exchange Code, and selective intervention in the market. Policies designed to foster transparency and efficiency are starting to show promising results. But here’s the thing: this progress is just the beginning. For the Naira’s resilience to be truly sustainable, we need to look beyond policy interventions. Investing in local businesses, education, and healthcare is crucial. When we strengthen these pillars, we reduce the demand for foreign services and bolster our economy from within. Watch the full video here: https://lnkd.in/dbrWm35r #Naira #NigeriaEconomy #EconomicGrowth #SustainableDevelopment

The United States has imposed a 10% baseline tariff on all imports into the country, creating ripples across global trade. But what does this mean for Africa? CSEA Research Associate, Anthony Bisong, breaks down the implications of this policy shift, examining how it could impact African economies, trade relationships, and local industries, especially in light of the African Continental Free Trade Area (AfCFTA). #TradePolicy #Tariffs #AfCFTA #GlobalTrade #USImports

As the conversation around data governance and digitalisation in Africa evolves, one thing is clear: effective data governance is key to harnessing the continent's vast resources and embracing its data-driven future. With strong governance measures in place, we can safeguard our data and maximise its value for socio-economic growth. Pioneering initiatives like Kenya's Open Data Initiative and Rwanda's data-driven governance demonstrate how transparency and innovation can drive socio-economic growth. Is a hybrid model the best data governance strategy for Africa? Read more in this article by Kunle Balogun: https://lnkd.in/d4_XeQ_i

The longer people stay unemployed, the more likely they are to forget the formal and informal skills they once had, making it even more unlikely that they will ever find work. A recent publication by CSEA Research Associate, Isiaka Akande Raifu, reveals that at a high level of unemployment, more women stop looking for jobs and leave the workforce because they feel discouraged. This means that rising unemployment leads to lower women's participation in the labour market. However, when family members lose their jobs, women are forced to take low-income jobs in order to make up for the lost income. Structural barriers continue to limit job opportunities for women in South Africa, worsening their welfare. As we wrap up the 2025 women's month, let us continue to accelerate action towards empowering women in Africa. Read full publication here: https://lnkd.in/d5JRiNwp

Eid Mubarak from all of us at CSEA May your hearts and home be filled with love, joy and happiness on this special day! #EidCelebration #PeaceAndProsperity #FestiveGreetings #Eid2025

The Nigerian Tax Reform Bills 2024 proposes significant changes to the country's current tax system. In this episode of The Research Table, our researcher, Clinton Essang M.Sc ACA , breaks down some novel provisions, implications, challenges, and recommendations for its implementation. watch full video : https://lnkd.in/dY7z-7sX #NigeriaTaxReform #TaxReform2024 #NigeriaEconomy #PublicFinance #TaxPolicy