StatiSense: PBAT appointments till date
Northern Nigeria — 55%
Southern Nigeria — 45%
By The Numbers
Nigeria lost nearly 15,000 nurses, midwives to UK in five years – Report
The migration has contributed to a growing shortage of healthcare workers in Nigeria, particularly in the public health sector.
CBN posts $6.83bn balance of payments surplus for 2024
The balance of payments position recorded a significant improvement…
PCNGI secures $491 million investment, creates 84,000 jobs in one year.
Over 9,000 direct jobs and 75,000 indirect jobs have been created.
20 states yet to implement N70,000 minimum wage
While some states like Lagos and Rivers have complied, others including Borno and FCT continue to withhold the new wage, leaving workers struggling with economic hardship.
Naira tumbles to N1,600/$1 as Trump’s tariffs shake global markets
Intra-day trading saw the currency fluctuate between a high of N1,625 and a low of N1,519…
US Treasury Secretary: Top 10% own 88% of stocks, bottom 50% are in debt
Scott Bessent discussed the distribution of stock market ownership during an interview, stating that the top 10% of Americans own 88% of equities, while the next 40% own 12%, and the bottom 50% are in debt.
Nigeria hit with 14% U.S. tariff in Trump’s trade policy shift
Nigeria’s exports to the U.S. will now attract a 14% tariff under Trump’s reciprocal trade policy, responding to Abuja’s 27% duty on American goods.
FULL LIST: African countries slapped with Trump’s tariffs
In a sweeping move that could redefine global commerce, U.S. President Donald Trump has announced a baseline 10% tariff on all U.S. imports, alongside sharper, country-specific reciprocal tariffs aimed at nations that impose steeper duties on American goods.
CBN unveils Nigeria’s net external reserves figure
Nigeria’s net external reserves reached $23.11 billion by the end of 2024, marking the highest level in three years, as the Central Bank works on enhancing investor confidence and reducing short-term foreign exchange obligations.