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The Black-Market exchange rate of the naira to the U.S. dollar is approximately ₦752.50 per 1 US dollar. [69] According to a recent report by Naija News, the parallel market exchange rate of the naira to the U.S. dollar is around ₦1483 per 1 USD, significantly higher than the official Central Bank of Nigeria rate. This disparity highlights ...
The ten Naira note, distinguished by its orange tint, bears the likeness of Alvan Ikoku, a figure notable for his contributions to education in Nigeria.His representation on the note commemorates his pioneering efforts in establishing one of the earliest African-owned secondary schools, thus exemplifying the nation's commitment to educational development.
The $2 billion arms deal, or Dasukigate, [ 1] is an arms procurement deal in Nigeria that resulted in the embezzlement of $2 billion through the office of the National Security Adviser under the leadership of Colonel Sambo Dasuki, the former National Security Adviser. [ 2] The illegal deal was revealed following an interim report of the ...
For example, over the 75 years between 1946 and 2021, stocks grew at an average annual rate of 11.3%, vs. 5.8% for long-term government bonds. The lesson here is that stocks outperform bonds over ...
The following table presents a listing of Nigeria's 36 states ranked in order of their estimated total GDP in 2021 ... 3 Akwa Ibom State: ₦7.77 19.25 50.30 2,962 ...
UBS publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.
3 Omo Ghetto: The Saga: 2020 ₦636,129,120 [3] SceneOne Productions Funke Akindele. JJC Skillz: 4 The Wedding Party: 2016 ₦452,288,605 [4] Ebonylife Films / FilmOne / Inkblot Production / Koga Studios Kemi Adetiba: 5 The Wedding Party 2: 2017 ₦433,197,377 [5] Ebonylife Films / FilmOne / Inkblot Production / Koga Studios Niyi Akinmolayan: 6 ...
David Umahi. David Nweze Umahi CON (born 25 July 1963) is a Nigerian politician who serves as the minister of works of Nigeria. He previously served as the senator representing Ebonyi South senatorial district from June to August 2023, and as the governor of Ebonyi State from 2015 to 2023; and deputy governor from 2011 to 2015. [ 1][ 2]