Foreign education forex allocation tumbles 83% — CBN

Nigerians spent $38.17m on foreign education between January and March 2024, according to data from the Central Bank of Nigeria’s first-quarter 2024 statistical bulletin. The amount spent crashed by 83 per cent from $218.87m recorded in the same period of last year. However, on a quarter-by-quarter basis, there was an increase of 54 per cent