The value of Nigerian currency improved against the United States Dollars across all foreign exchange markets as optimism grows about CBN's next action.
Thousands of doctors and nurses from African countries are emigrating to the U.K. each year. While Europe relies on migrant workers to combat labor shortages, health care systems in Africa are suffering due to out-migration.
The World Bank has released a list of Africa's worst-performing currencies, and the naira ranks very high amid struggles in the official and black markets.
The Global Shining Light Award honors watchdog journalism in developing or transitioning countries, carried out under threat or in perilous conditions and the 2023 competition attracted a record 419 applications from 84 countries with winners coming from Nigeria, South Africa, Venezuela, Bangladesh, North Macedonia, and Ukraine.