nigeria forex utilization
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Nigeria Economic Pressures Lead to Major Reduction in Nigeria’s Foreign Education Forex Spending
Nigerians spent $38.17 million on foreign education in Q1 2024, an 83% drop from 2023, per CBN data. Factors include economic challenges and new forex regulations. Despite this, Q1 2024 saw a 54% increase from Q4 2023. Stringent measures on forex purchases for education and medical expenses are...- Nigeria News
- Article
- 2 min read
- cbn central bank of nigeria foreign education expenses nigeria forex utilization
- Category: Business
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