Nigeria Economic Update Issue 25 Csea Africa Centre For Th Nigeria economic update (issue 26) the organisation of petroleum exporting countries (opec) reported in its last monthly oil market report that nigeria produced 1.18 million barrels per day (mbpd) in crude oil for may 2023. The all share index (asi) and market capitalization both depreciated (week on week) by 1.45 percent for the second consecutive trading week june 3, 2016 to june 10, 20166.
Nigeria Economic Update Issue 33 Csea Africa Centre For Th Nigeria economic update (issue 26) data from the central bank of nigeria (cbn) shows that at the end of the first half of 2022 (h1 2022), nigeria’s external reserves stood at us$39.16 billion.3 this indicates th at the external reserves grew by 1.8 percent from us$38.48 billion at the beginning of the month (june 1). Updates. centre for the study of the economies of africa (csea) 6,320 followers. 2d. the national bureau of statistics (nbs), in its july inflation report released yesterday, revealed that the inflation rate declined from 34.19% in june to 33.40% in july. the 0.79 percentage point decline is the first nigeria has recorded since december 2022. The centre for the study of the economies of africa (csea) an independent non profit research organization in abuja has released its nigeria economic update issue 4 for the year 2022. tuesday. Abuja, june 15, 2021 – in 2020 the nigerian economy shrank by 1.8%, its deepest decline since 1983. the covid 19 crisis drove the economic slowdown; the external context was marked by capital outflows, intensified risk aversion, low oil prices, and shrinking foreign remittances. the nigeria development update resilience through reforms states.
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