AfDB Approves $25bn For Agric Development In Nigeria, 4 Other African Countries         The African Development Bank Group (AfDB) has approved the investment of $25 billion to develop agriculture in Nigeria and four other African countries. President, AfDB, Dr. Akinwumi Adesina, disclosed this at a virtual conference...

Unified Exchange Rate’ll Attract $25bn Diaspora Remittances – ABCON     The Federal Government’s move to unify multiple exchange rates in the country will attract over $25bn diaspora remittances according to currency exchange operators. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, had recently hinted...

BDCs Seek Stake In $25bn Diaspora Remittances   The Association of Bureaux De Change Operators of Nigeria has said the BDCs should be one of the channels for receiving Diaspora remittances into the economy. The association said in a statement that Diaspora remittances to Nigeria were estimated...

$25bn FDI Boosted Nigeria’s Economy After 2018 Recession – FG   The Federal Government has said the $25bn Foreign Direct Investment inflow boosted the economy after the nation exited recession in 2018. It explained that Nigerians in the diaspora, who accounted for the highest net contribution to...

Nigerians Abroad Remitted $25bn In 2018, FG Says   The Federal Government has said Nigerians living abroad remitted $25bn in 2018, representing 83 per cent of the national budget in that year. The amount, it noted, was about 6.1 per cent of the Gross Domestic Product of...

Nigeria Lost $25bn To Foreign Ship Owners In 2years   The Executive Secretary of Nigerian Shippers Council (NSC), Mr Hassan Bello, has said the country lost $25 billion to foreign ship owners between 2015 and 2017. Bello, disclosed this when the Nigerian Fleet Implementation Committee paid a...