On June 14 2023, Nigeria’s Central Bank announced a new foreign exchange policy. This article provides a clear and concise explanation of the policy.
In this article, Wilson Erumebor discusses economic diversification in Nigeria within the context of a dynamic local and global landscape. Diversification is essential for economic development.
In 2020, Nigeria recorded its largest trade deficit of N7.38 trillion. This brief examines Nigeria’s trade in goods performance in 2020 using recent data from the NBS.
As the Nigerian economy faces recession, citizens and businesses must adopt strategies and mechanisms to navigate the difficult times ahead.
On the 28th of April 2020, I (Wilson Erumebor) was interviewed by Africa Business Radio and we discussed the effect of the crash in crude oil…
In May 2020, the National Bureau Statistics (NBS) released 2019 Consumption Expenditure Pattern in Nigeria. According to the NBS, the purpose of this report is…
Wilson Erumebor, The Economist With over a decade of experience working with organizations that focus on Economic and Social research, Industry research, Policy advocacy, Consulting…
On Friday, February 28, 2020, Nigeria reported the first confirmed case of the Corona virus. Prior to this, Nigeria has been feeling the impact of the virus through declining…
At the “Nigeria 2050 Forum” hosted by the Nigerian Economic Summit Group during the Social Media Week in February 2020, Wilson Erumebor shared insights on…
By the year 2050, Nigeria’s population will more than double its current size to reach 402 million, making Nigeria the third most populous country in…
In August 2019, the Nigerian government announced the partial closure of land borders in the country. The move was accentuated into a full closure in…