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The doctors are moving to societies where they are better paid because staying back in Nigeria keeps them on the poverty belt. A country that devalues its currency like Nigeria has done in relation to other major currencies like the Euro, dollar and pound is definitely going to have a huge crisis within its society.
The pound fell Friday after Britain’s parliament again rejected a proposed deal to withdraw from the European Union.
The dollar witnessed a slight boost on Monday, hovering close to a near three-month high as investors continued to favour the greenback amid global growth concerns.
London’s stock market rallied Tuesday to a new two-month peak, supercharged by a Brexit-hit pound and energy giant BP’s surging annual profits, dealers said.
Global stocks mostly rose Friday following strong US jobs data, though Wall Street’s rally showed signs of fatigue after the Dow finished its best January in 30 years.
The British pound on Monday hit a seven-week high against the dollar as UK Prime Minister Theresa May delivered an upbeat speech on the eve of a key Brexit vote which she is expected to lose, dealers said.
Stock markets retreated once more Thursday as China’s slowing economy forced Apple to slash its revenue forecast, wiping as much as $55 billion from its value and dragging down share prices in the wider technology sector.
Pound sterling sinks on reports that Prime Minister Theresa May will delay a Brexit deal vote on the eve of what was forecast to be a “huge” defeat
Oil prices slumped to one-year lows Friday on lingering concerns over high crude supplies, while stocks diverged at the end of another volatile week for global markets.
The Naira on Thursday appreciated marginally against the dollar at the Investors’ Window (I & E), exchanging at N363. 57, stronger than N363.94 posted on Wednesday.
The dollar continued to brush aside other currencies Thursday after further proof of the booming US economy sent Treasury yields surging, but Asian equities sank with more Federal Reserve rate hikes looking certain.
Prime Minister Theresa May hit back Friday at the European Union after it roundly rejected her Brexit plan, saying its refusal to compromise was "not acceptable" and reiterating the possibility of walking away from the negotiations.
Asian markets sank on Monday following reports that Donald Trump is planning to hit China with another round of tariffs, dealing a blow to hopes for talks between the two economic giants.
The World Health Organisation has said four out of ten patients are ‘harmed’ during the process of seeking medical care.
The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), said on Tuesday it has enough cows and pastoralists to meet the country’s milk requirements.
The Kogi State Government is set to inaugurate a newly-constructed rice mill worth over N4 billion and with the capacity to produce 50 tonnes of rice per day.
The Nigeria Football Federation (NFF) has confirmed that the Super Eagles would slug it out with South American giant, Brazil in a friendly match, expected to take place in Singapore on Sunday, October 13, 2019.
Rivers State Police Command has confirmed that eight female have so far been killed by suspected serial killers in different hotels in Port Harcourt and environs in the last two months.
Gov. Abdullahi Ganduje of Kano State has called on all stakeholders to join hands to ensure the success of the community policing initiative to ensure safe and secure communities.
The members of the All Progressives Congress (APC) in Adamawa State have said that they were not surprised that the presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, lost to President Muhammadu Buhari at the Presidential Election Petition Tribunal.
Callum Wilson scored twice as Bournemouth curbed early season optimism over Everton’s prospects with a 3-1 win on Sunday.
The Vice-Chancellor of Federal University, Oye-Ekiti (FUOYE), Prof. Kayode Soremekun, has constituted a panel to unravel the circumstances leading to Tuesday’s protest by students and the attack on Ekiti governor’s wife, Bisi Fayemi.
Former FC Barcelona and Cameroon striker Samuel Eto’o is one of the official ambassadors for the Supreme Committee for Delivery & Legacy (SC), the organisation responsible for delivering tournament infrastructure for the FIFA World Cup 2022 and its associated legacy programmes.