The economic events of 2016 taught us a lot of hard lessons about Nigeria's interface with the global economy, and the links with domestic growth, stability and policy responses. This paper attempts to distill some of the lessons and clarify the outlook.Weak commodity prices brought Nigeria's...

Since July 2014, after a remarkably favourable half year in which oil price reached a peak of US$115 per barrel and equity market capitalization touched an historic peak of N14 trillion, the Nigerian economy has been buffeted by the twin shocks of global commodity price slump and global...

2015 is likely to be a year of contrasts in which a difficult and uncertain start will most probably give way to a promising end, as renewed post-election economic reform efforts to address fiscal, structural, and financial challenges highlighted by low oil price and weak capital inflows on the...

Nigeria's economic situation in 2016 is fast degenerating into early eighties-like doomsday situation in which oil price collapse is translating into a currency crisis, inflationary spiral, fiscal collapse, and recession. This should not be so at all as this time is fundamentally different from...

In last decade, the world economy has seen a twin glut in which a commodity glut depressed commodity prices and export values since 2014, while a liquidity glut boosted equity values and capital flows, creating a new reality in which net capital inflows for most countries and regions now surpass...

It is necessary to distil some of the economic management lessons from the first three months of President Muhammadu Buhari's regime and highlight needful reforms. Five issues stand out:-While it is true that a myriad of problems were inherited from the previous regime, the new regime appears to...