ACIOE Associates is an advisory services firm providing solutions in Strategy, Government Relations, Regulatory Affairs, Economic Development...

July 7, 2021

Elon Musk’s Broadband Foray and The Implication of Bridging Access

No one invests without an objective, without a strategy or a goal. No one. And with this in perspective, the world watches in awe as the daring Elon Musk leads his aerospace company. SpaceX into a venture beyond earth, into a business place where eagles dare It’s an outer space venture attracting huge investments Space […]

July 7, 2021

AfCFTA Current State of Affairs

The AfCFTA was established in 2018 with 54 participating African countries out of the 55 African countries, with Eritrea being the only country that did not sign the Agreement. The AfCFTA is a trade agreement that creates a single continental market for goods and services, free movement of business persons, investments and expands intra African […]

May 28, 2021

Menstrual Health Day

May 28 is an annual international awareness day dedicated to Menstrual Hygiene. Menstrual Hygiene Day aims to create and increase consciousness around menstrual hygiene while highlighting its fundamental roles in enabling women and girls worldwide to reach their potentials. Menstrual Hygiene Management (MHM) refers to the availability and access to facilities and materials to meet […]

December 4, 2020

Nationwide Crisis & the Nigerian Macro-Economy

Before the pandemic, Nigeria’s real GDP growth was projected to rise to 2.9% in 2020 and 3.3% in 2021, depending on the implementation plan of the Economic Recovery Growth Plan. The COVID-19 pandemic had a crippling effect on the economy that has led to a rise in inflation from 12.56% in July to 13.71% in […]

December 4, 2020

Nigeria & the AfCFTA

According to the National Bureau of Statistics (NBS), inflation rose from 12.56% in July to 14% in November, driven by soaring food prices caused by insecurity and trade restrictions with other African countries.  You would also have to consider the impact of products blocked from crossing Nigeria’s land borders. Thus far, situations have worsened since the […]

November 20, 2020

Inflation And Our Christmas

As we stand six (6) weeks away from the festive season of Christmas, it is eminent that the prices of goods and services are expected to be higher in December 2020 than in 2019. Rising prices, known as inflation, either positively or negatively impact the cost of living, the cost of doing business, borrowing money, […]

November 6, 2020

Urgent Call for Economic Recovery Effort

The third-quarter Gross Domestic Product (GDP) data released by the National Bureau of Statistics (NBS), amplified the urgent need for a re-evaluation and re-assessment of the current government’s economic policies.  The NBS report showed the country’s GDP growth declined by 3.62 percent in Q3 2020 amid other tailwinds affecting Foreign Direct Investment. With two consecutive […]

October 30, 2020

AfCFTA: Economic Impact And Its Benefits

As African economies struggle to manage the consequences of COVID-19, the implementation of the African Continental Free Trade Agreement (AfCFTA) aims to provide an anchor for long-term reforms and integration. The African Continental Free Trade Area (AfCFTA) agreement creates the largest free trade area in the world measured by the participation of 1.3 billion people […]

October 27, 2020

The Manufacturing Sector Amid The Recent Civil Unrest

The Nigerian government is forecasting a growth in the Gross Domestic Product (GDP) for Q3 and Q4 2020, following a decline of 6.10% (year-on-year) in Q2 2020.  The Q2 2020 negative growth comes as a result of the COVID-19 pandemic and fallen oil prices. The government in its response developed several stimulus interventions kicking off […]

October 23, 2020

Budget Review

According to the International Monetary Fund (IMF), the global economy is expected to grow by 5.4% in 2021 from a projected decline of 4.9% in 2020 following the hard hit of the COVID-19 pandemic. On a regional base the following projections were made: REGION PROJECTED 2020 GDP GROWTH RATE PROJECTED 2021 GDP GROWTH RATE The […]

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