Economy
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CBN: $1.58 Billion Spent On Foreign Medical And School Bills In Six Months
Nigerians spent $1.58bn on health tourism, foreign education, and other personal matters in six months, data from the Central Bank...
Nigeria’s Non-Oil Exports Decline To $4.5bn In 2023 – NEPC
The Nigerian Export Promotion Council, NEPC, says the country’s worth of non-oil exports declined to $4.5 billion in 2023 from...
Minister Explains Rationale Behind FG’s Decision To Use N800/Dollar Exchange Rate For 2024 Budget
The Federal Government, on Thursday, said it settled for N800 to dollar exchange rate in the 2024 Appropriation Act after...
CBN Appoints New CEOs For Union Bank, Keystone Bank, And Polaris Bank
A few hours after dissolving the board of directors governing Polaris, Union, and Keystone banks, the Central Bank of Nigeria...
Nigeria’s Economy To Grow At 3.3 Per Cent In 2024 – World Bank
The Washington-based World Bank has projected Nigeria’s economy to grow 3.3 per cent this year. The leading development bank disclosed...
Naira Drops To N1,089 Against US Dollar At Official Forex Market
The Naira on Tuesday depreciated to N1,089.51 against the US dollar at the official foreign exchange market. Data from FMDQ...
3 Reasons Why Nigerians Can Be Optimistic About The Strengthening Naira
The Naira continued its upward trend against the dollar in the official market on Monday, marking the third consecutive gain...
Naira Extends Gains Against US Dollar At Forex Market
The Naira on Friday extended its gains against the US dollar at the official foreign exchange market. Data from FMDQ...
2023 In Retrospect: Tough, Peak Times Of Nigeria’s Economy Under Tinubu
Nigerians survived the year 2023 amid the highs and lows of the country’s economy. For many, surviving the last twelve...
Naira Strengthens By 13%, Closes 2023 Trading At N907.11/$ In NAFEM
The naira appreciated N907.11 per dollar at the end of trading activity in the Nigerian Foreign Exchange market for the...
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