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<p>Nigeria’s President, Muhammadu Buhari has pledged to increase the budget for the education sector by 50 per cent over the next two years as part of a joint agreement among heads of state at the ongoing Global Education Summit in London. Also, to bridge Nigeria’s infrastructure gap, the government says it needs 2.3 trillion dollars for the National Integrated Infrastructure Masterplan. Paul Alaje, Senior Economist at SPM Professionals  joins CNBC Africa for more.</p>


Nigeria pledges 50% increase in education budget in 2 years

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<p>Nigeria is projecting a 4.2 per cent growth in 2022 according to the Minister of Finance, Budget and National Planning, Zainab Ahmed. Meanwhile, holders of refining licences in the Nigeria will be able to purchase domestic crude oil supply in naira as indicated in the recently passed Petroleum Industry Bill. Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa for more.</p>


Nigeria targets 4.2% growth in 2022

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<p>Will Nigerians pay more at the pumps for petrol next month? Well, a recent price guide from Nigeria’s Petroleum Products Pricing Regulatory Agency which has been deleted from their website seems to suggest that. Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa to explore the economics behind petrol pricing in Nigeria.</p>


Understanding Nigeria’s petrol pricing economics

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<p>The International Monetary Fund says Nigeria’s Inflation could reach as high as 16 per cent at the end of the year with upward pressures from fuel and electricity price increases. Ahead of the official January inflation data, Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa for an outlook on Nigeria’s inflation.</p>


SPM Professionals on Nigeria’s 2021 inflation outlook

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<p>As we await the rates decision of Nigeria’s Monetary Policy Committee later today, the United Nations Conference on Trade and Development notes that Nigeria emerged the top destination for Foreign Direct Investment into Sub-Saharan Africa in 2020. UNCTAD’s Investment Trends Monitor shows inflows worth $2.6 billion came into Nigeria last year despite a decline from $3.3 billion recorded in 2019.Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa for more.</p>


Nigeria’s economic outlook in 2021: What to expect

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<p>The peaceful #EndSars protest against police brutality across Nigeria took a new turn in recent days, as hoodlums attempt to hijack the process.</p>


#ENDSARS: What the protests mean for Nigeria’s economy & investment outlook

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<p>The United Nations Conference on Trade and Development says if the world economy is to move away from the edge of depression and claw its way back towards sustainable growth and development, it must recover more effectively than it did from the Global Financial Crisis a decade ago. UNCTAD also stressed that a return to pre-pandemic austerity will reduce annual global growth by one percentage point and increase the global unemployment rate by 2 percentage points until 2030. Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa for more.</p>


COVID-19: Plotting the path to global recovery

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<p>The Nigerian Electricity Regulatory Commission says there will be no tariff action in April, as the proposed increase in electricity tariffs initially slated for today has been delayed for three months.  Nigeria&#8217;s electricity regulator also notes that tariffs will only be raised as the Distribution Companies improve the quality of supply, meter customers and agree with consumers on rates. George Etomi, Director of the Eko Electricity Distribution Company joins CNBC Africa for more.</p>


COVID-19: Nigeria delays electricity tariff hike for 3 months

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<p>Africa’s biggest economy, Nigeria, has now recorded a total of 12 confirmed COVID-19 cases. Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa to assess Nigeria’s fiscal response so far to the pandemic.</p>


SPM’s Paul Alaje on Nigeria’s fiscal response to COVID-19

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Heads of State from the Economic Community of West African States (ECOWAS) have agreed to set up a committee to study and make a full report on the impact of Nigeria’s land border closure with her neighbours. Nigeria had closed its borders in August 2019. The government says the decision seeks to curb smuggling among others. But was this move the right call? Joining CNBC Africa for more is Paul Alaje, Senior Economist at SPM Professionals.</p>


ECOWAS to help probe the impact of Nigeria’s land border closures

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<p>Come July this year, the implementation of the Africa Continental Free Trade Agreement will take off, but are countries in West Africa ready to take advantage of this trade pact? Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa for more.</p>


spm professionals

Nigeria pledges 50% increase in education budget in 2 years

Nigeria targets 4.2% growth in 2022

Understanding Nigeria’s petrol pricing economics

SPM Professionals on Nigeria’s 2021 inflation outlook

Nigeria’s economic outlook in 2021: What to expect

#ENDSARS: What the protests mean for Nigeria’s economy & investment outlook

COVID-19: Plotting the path to global recovery

COVID-19: Nigeria delays electricity tariff hike for 3 months

SPM’s Paul Alaje on Nigeria’s fiscal response to COVID-19

ECOWAS to help probe the impact of Nigeria’s land border closures

Africa gears up for continental free trade agreement

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spm professionals

Nigeria pledges 50% increase in education budget in 2 years

Nigeria targets 4.2% growth in 2022

Understanding Nigeria’s petrol pricing economics

SPM Professionals on Nigeria’s 2021 inflation outlook

Nigeria’s economic outlook in 2021: What to expect

#ENDSARS: What the protests mean for Nigeria’s economy & investment outlook

COVID-19: Plotting the path to global recovery

COVID-19: Nigeria delays electricity tariff hike for 3 months

SPM’s Paul Alaje on Nigeria’s fiscal response to COVID-19

ECOWAS to help probe the impact of Nigeria’s land border closures

Africa gears up for continental free trade agreement

News Tips

Advertise With Us

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