The behaviour of Nigeria’s currency exchange rates has been tied to the vagaries of oil export’s
proceeds. Despite export diversification efforts to reduce the level of Oil Export Dependence
(OED), the country’s nominal ...
Despite the rise in Nigeria’s Bilateral Trade (BT) relations with her major trading partners, non-mineral exports remained below 5% of total exports during the 1996-2015 period. This reflects the fact that many countries ...
The shares of manufacturing and services trade in Real Gross Domestic Product in Nigeria are low. The sectors, respectively averaged 10.21% and 11.61% in 1981 and 8.56% and 12.22% in 2013, while exports share (% of merchandise ...
The uneven distribution of international migrants raises concerns, for countries with high migrant
inflows, most of which are in the global north, about the efficient allocation of labour according
to market demand and ...
Monetary policy is central to the attainment of low and stable inflation, and long-term growth. Ghana’s inflation has been relatively high and volatile since 1980 with modest economic growth. Inflation averaged 37.3% and ...
Countries manipulate both domestic and international trade costs to promote their trade competitiveness in the global trade arena. High trade costs contributed to poor Nigeria’s global trade shares in 2005 to 2016 (e.g. ...