Business

Nigerians spend $40bn on foreign education, medical tourism – Cardoso

In the past 10 years, Nigerians have spent an estimated $40 billion on foreign education and medical tourism. The amount…

2 years ago

Poultry farmers lament: We lost N3trn investment to economic hardship

Poultry farmers across Nigeria say they lost more than N3 trillion investments over the economic hardship in the country in…

2 years ago

Obasanjo, Awolowo, Ejindu call for strong trade ties between Nigeria, Angola

Former President Olusegun Obasanjo has called for increased bilateral relations between Nigeria and Angola. Also, ex-Senate President Bukola Saraki called…

2 years ago

CBN: We’ve no plans to convert $30bn domiciliary deposits to naira

The Central Bank of Nigeria (CBN) says it has no plans to convert $30 billion deposits in domiciliary accounts to…

2 years ago

Edo, InfraCorp seal N228bn Benin-Asaba expressway reconstruction deal

The Edo State Government has signed an N228 billion agreement with the Infrastructure Corporation of Nigeria (InfraCorp) and AAA Infrastructure…

2 years ago

Femi Otedola is Chairman, Board of Directors, First Bank Holdings

The Board of Directors of the First Bank of Nigeria (FBN) Holdings Plc. has appointed billionaire businessman, Mr. Olufemi Peter…

2 years ago

Senate summons CBN gov over Naira free fall, worsening economy

Following the free fall of the nation’s currency, Naira, and the worsening state of the economy, the Senate on Wednesday,…

2 years ago

CBN pays airlines $64.44m to clear verified forex claims

The Central Bank of Nigeria (CBN) has concluded the payment of all verified claims by airlines with $64.44 million. The…

2 years ago

Gates Foundation lifts consortium with $5m grant to boost Nigeria’s dairy sector

The Value4Dairy Consortium led by FrieslandCampina has received $5 million grant from the Bill and Melinda Gates Foundation to boost…

2 years ago

CBN injects fresh $500m to clear forex liabilities

In its determination to address the backlog of verified foreign exchange liabilities, the Central Bank of Nigeria (CBN) has injected…

2 years ago

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