CBN: Turning Brain Drain to Brain Gain Through Diaspora Remittances
By Abdulrahman Abdulraheem
Greener pastures and brain drain are two phrases that made it into Nigeria’s national lexicon in the 70s and 80s as the country’s youths began to emigrate in droves in search of the...
CBN: Supporting Nigeria's Digital Economy for Youth Empowerment
By Abdulrahman Abdulraheem
As the biggest economy in Africa with one of the largest youth populations in the world, Nigeria is well-positioned to develop a strong digital economy which is expected to have a transformational impact on the...
Aggressive Interest Rate Cut Will Further Impede Economic Growth, Says CBN Deputy Gov
The Central Bank of Nigeria (CBN) Deputy Governor, Financial System Stability Directorate, Philip Ikeazor, has said given the poor contribution to growth and vulnerability to rate hikes of the oil and manufacturing...
FG Begins 15-day Emergency Fuel Supply to Curb Scarcity
The Federal Government says it has begun a 15-day emergency fuel supply to ensure the commodity circulates across the length and breadth of the country.
As fuel scarcity continues to bite harder in different locations, FG also...
Dollar Demand for Education, Health in Nigeria Hits $1.8bn in Nine Months
The Central Bank of Nigeria dollar supply for foreign educational and health-related expenses rose by 49.22 percent to $1.81 billion in the nine months spanning January to September 2023.
According to CBN data, Nigeria’s...
Cardoso’s Cards, Naira’s Gain, Enemies’ Pain, by Abdulrahman Abdulraheem
In Williams Shakespeare’s iconic piece, “All is Well that Ends Well,” Helena was intensely in love with the Prince, Betram, who had no iota of feelings for her due to her poor and inferior background. She...