#nigerianeconomy

[ezzybrownmedia]

"Nigerians Invest $340.84 Million in Education Over Six Months, Says CBN"

A recent report shows that Nigerians who want to study abroad spent $340.84 million on their university applications from January to June 2023. This information comes from the Central Bank of Nigeria's data on money spent on foreign education. In April 2023, people spent $40.54 million on foreign education, and in May 2023, it was $48.81 million. However, in June 2023, the spending decreased to $32.61 million. Compared to the first quarter of 2023, this is a drop of $96.92 million, or 44.28%. ALSO READ: Interesting stories If we look at the figures from the second quarter of 2022, the situation is worse, with a 50.5% decrease of $124.42 million. The experts believe that the Central Bank's inability to meet the demand for foreign exchange meant that students had to get dollars from Bureau De Change operators because banks were slow in processing their Form A applications. LEARN MORE: Read blogs and articles here!!! Recent data from the UK's Home Office shows a big increase in the number of study visas given to Nigerians. As of June 2022, 65,929 study visas were issued, compared to 20,427 during the same period in 2021. The Central Bank has a backlog of forex demand on the official market, which forces people and businesses to turn to the black market for dollars. This problem is because Nigeria's income from exports has been decreasing due to less investment and lower oil exports. Dr. Anderson Ezeibe, the National President of the Academic Staff Union of Polytechnics, explained that the government's lack of investment in the education sector has had a negative impact. He said that schools in Nigeria need better facilities and equipment to produce well-trained graduates. To solve this, the government should invest more in education so that there's no need for people to study abroad. ALSO CHECK: Affordable products Read the full article

#CBN #CBNReport #CentralBank #EconomicGrowth #Education #EducationFunding #EducationInvestment #EducationalDevelopment #EducationalSector #FinancialCommitment #FinancialNews #Invest #Investment #Learning #Millions #MonetaryInvestment #NigerianEconomy #NigerianStudents #Nigerians #SixMonths

[nnamdiabana]

RUDEBOY: NIGERIA'S ECONOMY MADE ME CUT EXPENSES Popular musician, Paul Okoye aka Rudeboy, has said that the poor state of the Nigerian economy has forced him to cut down his expenses. Rudeboy made this known during a live video on Instagram while advising his fans on how to cope during what he refers to as ‘these hard times.’ The ‘Reason With Me’ singer said that unlike before where he could easily acquire two or three cars, he is yet to acquire one in two years. “Someone like me, there are things I used to do like three to four years ago but now I had to checkmate myself. You have to look at yourself and cut down some things. If I was someone who clubs often, now I don cut am down. If I used to buy like two, three cars every year maybe I go dey buy one in a year. I know say for two years I never buy one car,” he said. He further urged his fans to sustain their present means of livelihood till the economy gets better. “Your dream is to move to Lekki Phase one but this is not the time to move there with what the economy is saying. I’m telling you that if you move there you are killing yourself. Instead, your concern should be how to sustain yourself in the place where you are that matters.” #Rufeboy #Nigeria #NigerianEconomy #lekki #lekkiphase1 #cars (at Nigeria) https://www.instagram.com/p/CV2DUEnN6IQ/?utm_medium=tumblr

#rufeboy #nigeria #nigerianeconomy #lekki #lekkiphase1 #cars

[theinfostride]

Parlous Infrastructure, limited export base, others threaten FDI Experts have underscored the need for th... Read more: https://www.theinfostride.com/parlous-infrastructure-limited-export-base-others-threaten-fdi/?feed_id=58596&_unique_id=6126c17792ee7 #NigerianEconomy #OgunStateSecurityTrustFund #OpeyemiAgbaje #BusinessMatters

#NigerianEconomy #OgunStateSecurityTrustFund #OpeyemiAgbaje

[impactng]

Annual inflation rate jumps to 11.61% – NBS

According to the monthly Consumer Price Index (CPI) report for the month of October released by the National Bureau of Statistics (NBS), the Nigeria annual inflation rate has increased by 0.36 percent. According to the report, the inflation rate rose from 11.24 per cent in September to 11.61 per cent in October. “Increases were recorded in all COICOP divisions that yielded the Headline index. On month-on-month basis, the Headline index increased by 1.07 percent in October 2019, or 0.03 percentage points higher than the rate recorded in September 2019 (1.04 percent),” it added. The reported noted that the percentage change in the average composite CPI for the twelve months period ending 2019 over the average of the CPI for the previous twelve months period was 11.30 percent. This, it said shown a 0.03 percentage point increase from 11.27 percent recorded in September 2019. Read the full article

#CPI #inflationrate #NBS #Nigerianeconomy

[michy-diva-blog]

#AsseenOnTwitter #twitter #nike #abatailoring #nigerian #nigeria #nigerianeconomy #economy #economiacriativa #bbnnaija2018 #bbnaijafinalist #bbnaija18 #lagos #abuja #Nike #Aba #michygist #OSG #regrann

#nike #lagos #abuja #bbnaija18 #nigerian #economy #aba #michygist #asseenontwitter #regrann #twitter #nigeria #nigerianeconomy #abatailoring #bbnnaija2018 #osg #economiacriativa #bbnaijafinalist

[fantasticradiouk]

Actis LLP will also be attending this year’s forum. Watch this space for more of our company attendees. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum

#ncmarketsforum #opportunitiesinnigeria #tradeinnigeria #africa #nigerianstockexchange #nigerianmarkets #nigeriancapitalmarkets #diversifiedeconomy #nigerianeconomy #nigeriabusinesstalk #businessinafrica #ncmforum #nigeriancapitalmarketsforum #businessinnigeria #ncmf

[thelagoshustle-blog]

My husband and I are into palm wine selling business. He taps and ferments the palm wine while I’m responsible for selling the palm wine. We’ve been doing this business for over a year now. I also sell planks in Ebutte Metta due to the recession to supplement our income. My last husband left me because I couldn’t bear him a child. I remember going to several Churches and synagogues, praying to God for a miracle but I never bore a child. As a result, he chased me out and remarried. Years past and I found my current husband and I couldn’t be happier. However, I’m still not able to bear a child for him. Although he doesn’t complain, it makes me sad I’m not able to give him a child. I constantly pray to God to bless us with one so that our family can be complete. #lagos #lagoshustle #tags4like #tags4morelikes #tagsomeone #hustlelife #thelagoshustle #stories #lagos #nigeria #africa #palmwine #photooftheday #strongwoman #entrepreneur #freespirit #happy #love #family #hustle #economy #recession #plank #nigerianeconomy #fighter (at Lagos, Nigeria)

#strongwoman #hustle #lagos #lagoshustle #tagsomeone #palmwine #fighter #photooftheday #stories #plank #hustlelife #tags4like #tags4morelikes #family #economy #entrepreneur #happy #freespirit #thelagoshustle #africa #love #nigeria #recession #nigerianeconomy

[deepinternetpeanut]

Rice 🍚

That food that you could make easily. Yeah rice. The best food for most Nigerians if not all. Now, the price of rice is so high, I'm stuck with spaghetti. I mean yeah spaghetti is nice, but rice.....😍😍😍😭😭😭

#rice #spaghetti #foodie #nigerianeconomy #nigerian #teenproblems #bringbacktherice #government #😒 #crying 😭

[fantasticradiouk]

This exclusive forum will bring together forward-thinking African focused investors to discuss ways to strategically position themselves, develop partners and discover potential business opportunities. Don’t miss out on this opportunity, register to save your space today. - www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum#NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum

#ncmforum #nigeriabusinesstalk #businessinafrica #diversifiedeconomy #ncmf #nigerianmarkets #tradeinnigeria #nigerianeconomy #businessinnigeria #ncmarketsforum #nigeriancapitalmarkets #opportunitiesinnigeria #nigeriancapitalmarketsforum #nigerianstockexchange #africa

[fantasticradiouk]

The Nigerian Capital Markets Forum will also be highlighting “challenges and opportunities in the Nigerian markets”, and also engage in a lively discussion on this timely and critically important topic. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum

#businessinafrica #businessinnigeria #diversifiedeconomy #nigeriancapitalmarketsforum #tradeinnigeria #ncmf #ncmarketsforum #nigerianstockexchange #nigerianmarkets #africa #nigeriabusinesstalk #opportunitiesinnigeria #nigeriancapitalmarkets #ncmforum #nigerianeconomy

[fantasticradiouk]

Nigerian Capital Markets Forum brings together a group of experienced participants from across the country and internationally to discuss and share knowledge on Investment Opportunities in Nigeria. Register today to save your space. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum

#ncmarketsforum #nigeriabusinesstalk #nigeriancapitalmarketsforum #businessinafrica #ncmf #nigerianeconomy #nigerianstockexchange #opportunitiesinnigeria #businessinnigeria #nigerianmarkets #tradeinnigeria #ncmforum #nigeriancapitalmarkets #diversifiedeconomy #africa

[fantasticradiouk]

The Nigeria Capital Markets forum will feature several business meetings and seminars lead by leading international experts and professional market players at different levels. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMForum

#nigeriabusinesstalk #nigeriancapitalmarketsforum #businessinnigeria #ncmarketsforum #tradeinnigeria #nigerianmarkets #africa #nigeriancapitalmarkets #businessinafrica #nigerianeconomy #ncmforum #opportunitiesinnigeria #ncmf #diversifiedeconomy #nigerianstockexchange

[fantasticradiouk]

Meet new friends, trade business cards, and make the connections that will accelerate your business at the 2017 Nigerian Capital Markets Forum. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum

#diversifiedeconomy #ncmf #businessinnigeria #nigerianstockexchange #africa #nigeriabusinesstalk #nigeriancapitalmarkets #nigerianeconomy #ncmarketsforum #tradeinnigeria #nigeriancapitalmarketsforum #nigerianmarkets #opportunitiesinnigeria #ncmforum #businessinafrica

[fantasticradiouk]

The forum is also a good opportunity to grow your network as you will be meeting local and international participants, brokers, fund managers and more. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum

#africa #nigeriabusinesstalk #nigerianstockexchange #ncmarketsforum #nigerianeconomy #ncmforum #ncmf #nigeriancapitalmarkets #diversifiedeconomy #opportunitiesinnigeria #businessinnigeria #nigeriancapitalmarketsforum #tradeinnigeria #businessinafrica #nigerianmarkets

[fantasticradiouk]

The 2017 NCMF is not just another conference, this is also a good opportunity to grow your network and meet with many international exhibitors, official foreign participants, brokers and fund managers that will be there also. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum

#nigerianmarkets #opportunitiesinnigeria #nigeriancapitalmarketsforum #ncmforum #diversifiedeconomy #nigerianstockexchange #africa #nigeriabusinesstalk #businessinnigeria #tradeinnigeria #nigerianeconomy #nigeriancapitalmarkets #ncmf #ncmarketsforum #businessinafrica

[fantasticradiouk]

Winning is not a one-time thing; it’s a habit, unfortunately, so is losing. – www.ncmarketsforum.com #NigerianCapitalMarketsForum #NCMF #NigerianCapitalMarkets #NigerianStockExchange #NigerianMarkets #Africa #BusinessInNigeria #BusinessInAfrica #NCMarketsForum #NigeriaBusinessTalk #DiversifiedEconomy #NigerianEconomy #TradeInNigeria #OpportunitiesInNigeria #NCMforum (at Harrow, United Kingdom)

#ncmforum #diversifiedeconomy #nigeriancapitalmarkets #businessinnigeria #nigeriancapitalmarketsforum #nigerianstockexchange #nigeriabusinesstalk #nigerianeconomy #tradeinnigeria #nigerianmarkets #businessinafrica #ncmarketsforum #opportunitiesinnigeria #africa #ncmf