Tunisia and Mozambique vote: On Sunday, October 13, Tunisians participated in their run-off presidential elections between conservative former law professor Kais Saied and media magnate Nabil Karoui. Saied, known as “Robocop” for his serious presentation, won with 72.7 percent of the vote. Notably, Saied himself does not belong to a party, but is supported by…

On March 17, GeoPoll released the results of their survey deployed to determine perceptions and understanding of COVID-19 in South Africa, Kenya, and Nigeria. South Africa currently has the highest number of diagnosed cases of the virus of any African country, and, while the number of diagnosed cases is currently low in Nigeria and Kenya,…

Introduction Since 2009, an insurgency calling itself The People Committed to the Propagation of the Prophet’s Teachings and Jihad (Jama’tu Ahlis Sunna Lidda’awati wal-Jihad in Arabic) has caused devastating insecurity, impoverishment, displacement, and other suffering in Nigeria’s poor and arid North- East Zone.1 The group is better known to the world as Boko Haram, and although…

On April 2, as Nigeria’s megacity Lagos and its capital Abuja locked down to control the spread of the coronavirus, the country’s military announced a massive operation — joining forces with neighboring Chad and Niger — against the terrorist group Boko Haram and its offshoot, the Islamic State’s West Africa Province. This spring offensive was…

On April 2, as Nigeria’s megacity Lagos and its capital Abuja locked down to control the spread of the coronavirus, the country’s military announced a massive operation — joining forces with neighboring Chad and Niger — against the terrorist group Boko Haram and its offshoot, the Islamic State’s West Africa Province. This spring offensive was…

In the 45 years since the Nigerian civil war ended in January 1970, Nigeria has often seemed on the verge of making significant political advances. While its population soared, however, the country stumbled through one contentious electoral exercise after another, interspersed with military rule. The recent 2015 elections, which elevated Muhammadu Buhari to the powerful…

When the Union Jack was lowered in Nigeria on October 1, 1960, the potential of Africa’s most populous nation seemed boundless—and that was before its abundant reserves of petroleum and natural gas were fully known. However, Nigeria has since underperformed in virtually every area. A massive fuel shortage, just days before the historic change in…

Editor's note: Below is an introduction and transcript from a WBEZ 91.5 interview with Richard Joseph on Nigerian President Muhammad Buhari. The hope that the July 20 meeting between President Barack Obama and President Muhammadu Buhari would heal the rift between their countries concerning the fight against Boko Haram was not fully realized. Two days…

On April 2, as Nigeria’s megacity Lagos and its capital Abuja locked down to control the spread of the coronavirus, the country’s military announced a massive operation — joining forces with neighboring Chad and Niger — against the terrorist group Boko Haram and its offshoot, the Islamic State’s West Africa Province. This spring offensive was…

The recent “release” and immediate brutal re-arrest of Sowore raises the question of the nature of the present regime in Nigeria. The justified anger of many workers and youth poses the problem of “what is to be done?” Here comrade Rashy in Nigeria explains that this event brings into sharp focus the need to radically transform Nigerian society along socialist lines.

It would be hell if the Covid-19 breaks out in Nigeria on the scale presently being witnessed in Europe and the US. Apart from the dire state of the healthcare system, 69 million Nigerians have no access to clean water. This invariably leads to water-borne diseases like cholera, which continue to break out as regular epidemics. Social distancing and self-isolation presuppose that people have enough space. In Lagos where we have over 100 slum areas, about 80 people can be found sharing a 10-room building with only two toilets and a bathroom being shared by all with no pipe-borne or treated water readily available.

Kano has become the epicentre of the spread of Covid-19 in northern Nigeria. A large number of so-called “mysterious” deaths was recently reported, but the state government of Kano blatantly claims that the sharp rise in deaths is not due to Covid-19. Here we provide an eyewitness account from an IMT comrade in Kano.

Take nearly 8,000 old plastic bottles, add some construction waste and mud, and voila: a sturdy and sustainable home.

Nigeria's main cities of Lagos and Abuja see an easing of coronavirus lockdown restrictions, but many businesses are still shut and social distancing measures remain in place. Our correspondent tells us more. Meanwhile, South Africa also sees some businesses reopen after five weeks of lockdown. Plus, charities and organisations in Morocco come together to support those in need during Ramadan. In a country where the informal economy accounts for more than 20 percent of GDP, the lockdown has been tough for many people, as our correspondents report.

Africa’s biggest city, Lagos, returned to work on Monday at the end of a five-week coronavirus lockdown.

The government of Nigeria has issued a warning over the use of chloroquine to treat COVID-19, after three people got overdosed, and hospitalized due to poisoning.

Today at the OECD Headquarters in Paris, Nigeria signed two major multilateral instruments: the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI) and the CRS Multilateral Competent Authority Agreement‎ (the CRS MCAA). Nigeria becomes the 71st jurisdiction to sign the MLI and the 94th jurisdiction to join the CRS MCAA.

Imports from Nigeria in Turkey increased to 25684.58 USD THO in March from 20003.33 USD THO in February of 2020. Imports from Nigeria in Turkey averaged 13337.68 USD THO from 2014 until 2020, reaching an all time high of 40301 USD THO in January of 2015 and a record low of 4022 USD THO in July of 2014. This page includes a chart with historical data for Turkey Imports from Nigeria.

Imports from Nigeria in Germany increased to 304360 EUR THO in February from 178220 EUR THO in January of 2020. Imports from Nigeria in Germany averaged 152342.33 EUR THO from 2000 until 2020, reaching an all time high of 634909 EUR THO in June of 2013 and a record low of 3254 EUR THO in May of 2004. This page includes a chart with historical data for Germany Imports from Nigeria.

Nigeria 10Y Bond Yield was 10.94 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Nigeria Government Bond 10y reached an all time high of 17.31 in February of 2015. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Exports to Nigeria in France decreased to 34 EUR Million in March from 41 EUR Million in February of 2020. Exports to Nigeria in France averaged 83.18 EUR Million from 2014 until 2020, reaching an all time high of 424 EUR Million in May of 2016 and a record low of 27 EUR Million in April of 2018. This page includes a chart with historical data for France Exports to Nigeria.

The NSE-All Share decreased 2822 points or 10.50% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Nigeria. Historically, the Nigeria Stock Market NSE reached an all time high of 66371.20 in March of 2008. The Nigerian Stock Exchange NSE Index is a major stock market index which tracks the performance of all stocks listed on the Nigerian Stock Exchange.

Internet Speed in Nigeria decreased to 3853.93 KBps in the first quarter of 2017 from 4129.28 KBps in the fourth quarter of 2016. Internet Speed in Nigeria averaged 1400.13 KBps from 2007 until 2017, reaching an all time high of 4129.28 KBps in the fourth quarter of 2016 and a record low of 348.64 KBps in the second quarter of 2008. This page includes a chart with historical data for NigeriaInternet Speed.

IP Addresses in Nigeria increased to 209207 IP in the first quarter of 2017 from 194830 IP in the fourth quarter of 2016. IP Addresses in Nigeria averaged 123314.03 IP from 2007 until 2017, reaching an all time high of 244394 IP in the first quarter of 2016 and a record low of 29604 IP in the third quarter of 2007. This page includes a chart with historical data for NigeriaIP Addresses.

Temperature in Nigeria decreased to 25.14 celsius in August from 26.62 celsius in July of 2013. Temperature in Nigeria averaged 26.74 celsius from 1856 until 2013, reaching an all time high of 31.83 celsius in April of 2010 and a record low of 22.30 celsius in January of 1983. This page includes a chart with historical data for Nigeria Temperature.

Mni Business Sentiment in Nigeria decreased to 54.70 in January from 58.90 in December of 2016. Mni Business Sentiment in Nigeria averaged 59.88 from 2014 until 2017, reaching an all time high of 69.60 in December of 2014 and a record low of 41.60 in September of 2016. The Standard Chartered MNI Nigeria Business Sentiment Survey is a monthly poll of business executives in Nigeria, including companies listed on the Nigerian Stock Exchange. Companies are a mix of manufacturing, agriculture, construction and service sector companies. The survey provides the first snapshot of economic and business conditions, ahead of official data in Nigeria. Respondents are asked whether business activity has increased, decreased, or remained the same, compared with the previous month. They are also asked about their expectations over the next quarter. A diffusion indicator is then calculated by adding the percentage share of positive responses to half the percentage of those respondents reporting no change. An indicator reading above 50 shows expansion, below 50 indicates contraction and a result of 50 means no change. Series which show a seasonal pattern are seasonally adjusted. This page provides - Nigeria Mni Business Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in Nigeria remained unchanged at 57200 NGN/Month in 2018 from 57200 NGN/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys. This page provides - Nigeria Wages High Skilled- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Living Wage Individual in Nigeria increased to 43200 NGN/Month in 2018 from 41800 NGN/Month in 2015. Living Wage Individual in Nigeria averaged 42500 NGN/Month from 2015 until 2018, reaching an all time high of 43200 NGN/Month in 2018 and a record low of 41800 NGN/Month in 2015. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Wages Low Skilled in Nigeria remained unchanged at 25500 NGN/Month in 2018 from 25500 NGN/Month in 2018. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys. This page provides - Nigeria Wages Low Skilled- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Living Wage Family in Nigeria increased to 137600 NGN/Month in 2018 from 135300 NGN/Month in 2015. Living Wage Family in Nigeria averaged 136450 NGN/Month from 2015 until 2018, reaching an all time high of 137600 NGN/Month in 2018 and a record low of 135300 NGN/Month in 2015. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.

The Nigerian economy added 187,226 new jobs in the third quarter of 2016 after adding 475,180 a year earlier. The informal sector created 144,651 jobs, down 66.3 percent from last year but still accounting for 77.3 percent share. The public sector lost 7,012 jobs. The formal sector added 49,587 jobs, 19 percent more than a year earlier and representing 26.5 percent of total new jobs. Around 90 percent on new payrolls were created in human, health and social services sectors and agriculture and accommodation and food services. In the three months to June, the economy added 155,444 new jobs. Employment Change in Nigeria averaged 324042.07 Jobs from 2012 until 2016, reaching an all time high of 499521.00 Jobs in the fourth quarter of 2015 and a record low of 79465.00 Jobs in the first quarter of 2016. . This page provides - Nigeria Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Nigeria increased to 1907 USD Million in 2018 from 1621 USD Million in 2017. Military Expenditure in Nigeria averaged 1693.44 USD Million from 1960 until 2018, reaching an all time high of 6847 USD Million in 1975 and a record low of 176 USD Million in 1960.

Money Supply M3 in Nigeria increased to 35116968.08 NGN Million in October from 34255438.69 NGN Million in September of 2018. Money Supply M3 in Nigeria averaged 20306268.38 NGN Million from 2009 until 2018, reaching an all time high of 35116968.08 NGN Million in October of 2018 and a record low of 10478417.29 NGN Million in January of 2010. This page provides - Nigeria Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Nigeria decreased to 2798505.79 NGN Million in the first quarter of 2019 from 2799691.71 NGN Million in the fourth quarter of 2018. Gross Fixed Capital Formation in Nigeria averaged 1849521.06 NGN Million from 2007 until 2019, reaching an all time high of 2876293.11 NGN Million in the second quarter of 2016 and a record low of 17236.65 NGN Million in the fourth quarter of 2007. This page provides - Nigeria Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria scored 48.33 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Nigeria averaged 13.81 Points from 2007 until 2019, reaching an all time high of 48.33 Points in 2019 and a record low of 3.37 Points in 2011. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Nigeria Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Nigeria is the 116 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Nigeria averaged 112.77 from 2007 until 2019, reaching an all time high of 127 in 2011 and a record low of 94 in 2009. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Nigeria Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Direct Investment in Nigeria increased by 909.54 USD Million in the second quarter of 2019. Foreign Direct Investment in Nigeria averaged 1233.61 USD Million from 2007 until 2019, reaching an all time high of 3084.90 USD Million in the fourth quarter of 2012 and a record low of 314.44 USD Million in the fourth quarter of 2018. This page provides - Nigeria Foreign Direct Investment - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gold Reserves in Nigeria remained unchanged at 21.46 Tonnes in the fourth quarter of 2019 from 21.46 Tonnes in the third quarter of 2019. Gold Reserves in Nigeria averaged 21.38 Tonnes from 2000 until 2019, reaching an all time high of 21.50 Tonnes in the second quarter of 2019 and a record low of 21.37 Tonnes in the second quarter of 2000. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Nigeria Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Nigeria increased to 23.10 percent in the third quarter of 2018 from 22.70 percent in the second quarter of 2018. Unemployment Rate in Nigeria averaged 12.31 percent from 2006 until 2018, reaching an all time high of 23.10 percent in the third quarter of 2018 and a record low of 5.10 percent in the fourth quarter of 2010. In Nigeria, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Nigeria Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The number of unemployed persons in Nigeria increased to 20927.60 Thousand in the third quarter of 2018 from 20343.60 Thousand in the second quarter of 2018. Unemployed Persons in Nigeria averaged 12150.19 Thousand from 2014 until 2018, reaching an all time high of 20927.60 Thousand in the third quarter of 2018 and a record low of 4672 Thousand in the fourth quarter of 2014. This page provides - Nigeria Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria is ranked 131 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Nigeria improved to 131 in 2019 from 146 in 2018. Ease of Doing Business in Nigeria averaged 143.92 from 2008 until 2019, reaching an all time high of 170 in 2014 and a record low of 120 in 2008. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Nigeria.

The Gross Domestic Product per capita in Nigeria was last recorded at 5315.82 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Nigeria, when adjusted by Purchasing Power Parity is equivalent to 30 percent of the world's average. GDP per capita PPP in Nigeria averaged 4128.78 USD from 1990 until 2018, reaching an all time high of 5687.59 USD in 2014 and a record low of 2991.83 USD in 1995. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Nigeria GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Capacity Utilization in Nigeria increased to 55 percent in the fourth quarter of 2018 from 54.60 percent in the third quarter of 2018. Capacity Utilization in Nigeria averaged 55.36 percent from 2009 until 2018, reaching an all time high of 60.50 percent in the first quarter of 2015 and a record low of 48.50 percent in the third quarter of 2016. This page provides - Nigeria Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news.