Medical Tourism Spending Declines by 52% Under President Tinubu - CBN   Nigerians spent about $4.74m on foreign healthcare-related services from May 2023 to March 2025. This is according to the latest Quarterly Statistical Bulletin of the Central Bank of Nigeria, obtained by our correspondent on Wednesday. The...

Nigeria's Annual Loss to Medical Tourism Hits $1.1bn - Afreximbank   The African Export-Import Bank has revealed that Nigeria loses an estimated $1.1bn annually to medical tourism, a trend it described as a significant drain on the country’s foreign exchange and a major impediment to the...

Medical Tourism: A Fascination for Nigerian Elites, by Al-Janat Mohammed   Nigeria, a country of over 200 million people, is facing a complex healthcare challenge - the teething issue of medical tourism. The practice of politicians and celebrities seeking medical care overseas has sparked controversy and prompted...

$10bn Spent Annually On Education, Medical Tourism - Emefiele   The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele yesterday said $10 billion is spent annually on medical and education tourism. Speaking during the Monetary Policy Committee (MPC) meeting in Lagos, he said education and health sectors...

'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 guardians paid about $28.65bn for...