Nigerians spend over $28 billion on foreign education in 10 years
A review of the Central Bank of Nigeria’s (CBN) data suggests Nigeria’s educational sector has suffered massive capital flight in...
Exchange rate falls at forex market despite significant surge in dollar supply
Monday, 23rd August 2021: The exchange rate between the naira and the US dollar closed at N411.83/$1 at the official...
Cost of cooking gas in Nigeria jumps to highest in over 2 years – NBS
The average cost of purchasing a 12.5kg cylinder of household cooking gas in Nigeria spiked by 7.16% year-on-year in July...
Stanbic, VG Pensions, APT are top performing PFAs in investment returns year to July 2021
The Nigerian pension fund industry has grown more competitive in recent times, with PFAs now striving towards printing impressive numbers...
Nigeria records 1,149 new cases of covid in one day, highest in over 6 months
A total of 1,149 new cases of the covid-19 disease were recorded in Nigerian on Wednesday, 18th August 2021. This...
Naira falls at official forex market as finance minister hints at unified rate
Wednesday 18th August 2021: The exchange rate between the naira and the US dollar fell to N411.75/$1 at the Investors and...
Top performing mutual funds in July 2021
Mutual funds in Nigeria continue to post positive growth in recent times as investors look towards diversifying their investment portfolio...
Naira appreciates at official market as dollar supply decreases marginally
Tuesday 17th August 2021: The exchange rate between the naira and the US dollar closed at N411.5/$1 at the Investors and...
Increase in prices of milk, coffee, egg, others, drive food inflation in Nigeria
The prices of food items in the country have been rising persistently, causing anxiety among consumers, even as the latest...
Nigeria’s foreign reserve could surpass $40 billion by September – EFG Hermes
Nigeria’s foreign reserve has been projected to surpass the $40 billion threshold by September 2021, following the $3.35 billion direct...
