'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...

Nigerians Should Embrace eNaira - CBN The Central Bank of Nigeria (CBN), on Thursday, said that the introduction of eNaira in the financial system is to, among others, improve the effectiveness of monetary policy in managing inflation as well as in driving economic growth in...

Nigerians Are 'Over-educated', Says JAMB Registrar   The Registrar/Chief Executive Officer of the Joint Admissions and Matriculation Board (JAMB), Professor Ishaq Oloyede, has criticized the emphasis Nigerians lay on university education at the expense of talent development and skills acquisition. Speaking in an interactive session with senior...

Buhari Reaffirms Commitment to Achieving Improved Power Supply     President Muhammad has said his administration will work tirelessly to provide consistent power supply to make life easy for Nigerians. He made the commitment in an interview with the Nigerian Television Authority (NTA) at the State House Abuja. The...

Nigerians In Diaspora Spent $2.94bn To Send $34.8bn – Report   Nigerians in Diaspora spent $2.94bn to send $34.8bn to Nigerian between 2020 and 2021, World Bank reports have revealed. The reports showed that cost of sending remittance costs into Nigeria hit at least N1.22tn ($2.94bn) in...

Inflation May Push 91m Nigerians Below Poverty Line – W/Bank The World Bank says the general increase in food prices which occurred between June 2020 and June 2021 may have increased the percentage of Nigerians living below the national poverty line from 40.1 per cent...