'Nigerians Spend $39.66bn On Foreign Education, Medical Tourism'
Nigerians spent a total of $39.66bn on foreign education and healthcare-related services between 2010 and 2020, according to the Central Bank of Nigeria data.
According to CBN’s Balance of Payments, Nigerian parents and...
FCE Yola In Recruitment Scandal After Offering Jobs To 1,000 'Paying Applicants'
No fewer than 1,000 of them were reported to have been offered employment letters by authorities of the Federal College of Education (FCE), Yola, in November 2020, after...
24hrs To APC Convention, Dollar Scarcity Hits Harder
Barely 24hrs to APC convention in Abuja, the lingering foreign exchange scarcity in the country has continued to hit harder even as the exchange rate on the parallel market is inching towards...
Cross River Govt Decries N34m Federal Allocation For March
The Cross River State Government received only about 15 per cent of its statutory allocation from the Federation Account in March.
Figures released show that out of the state’s gross allocation of...
Foreign Reserves Shed $975.7m Year-to-date
Nigeria’s foreign reserves continued its downward slope, a trend formed towards the end of last year after it failed to sustain a momentary recovery witnessed in October.
The gross figure, which has remained a consistent gradual...
IOCs Fear Collapse As FG Says $3.27bn Crude Stolen In 14 Months
The total value of Nigeria’s crude oil stolen between January 2021 and February 2022 is about $3.27bn (representing N1.361tn at the official exchange rate of N416.25 to the...
