CBN Traces Decline In Naira On $39.6bn Spent On Foreign Education, Medical Tourism
LAGOS FEBRUARY 7TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) has blamed the freefall of the naira on the huge sum of $39.6bn spent by Nigerians on foreign education and medical tourism in 10 years spanning 2010 to 2020. Giving a breakdown, the apex bank disclosed that the sum of $28.6bn was spent on foreign education…