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President Bola Tinubu on Friday has praised the latest report from the National Bureau of Statistics, which reveals that Nigeria achieved a trade surplus of ₦6.95 trillion in the second quarter of 2024.
This represents a 6.60 percent increase from the ₦6.52 trillion surplus recorded in the previous quarter.
In a statement released by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu expressed optimism about the economic reforms being pursued by his administration as he believes these reforms will strengthen the economy and usher in a new era of prosperity for Nigerians.
The NBS report highlights Nigeria’s strong export performance, contributing significantly to the Q2 surplus, with exports reaching Europe, the United States, and Asia follows the successful oversubscription of the country’s first $500 million domestic bond and a half-year revenue of ₦9.1 trillion.
Famous South African singer, Tyla, has spoken out against the categorisation of all African music as afrobeats by the West. Tyla, who spoke while accepting her award for Best Afrobeats Song at the 2024 MTV Video Music Awards on Wednesday night, said Afrobeats has opened a lot of doors for African music but it was wrong to categorise every music from the continent under the genre. She however explained that […]
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