Nigeria’s Money Supply Rises by 48.3% YoY to N107.7 Trillion in October 2024

Worst-Perfoming Currency

Nigeria’s broad Money Supply (M²) surged by 48.3% year-on-year (YoY) to reach N107.7 trillion in October 2024, up from N72.6 trillion in the same period of 2023, according to the Central Bank of Nigeria (CBN) Money and Credit Statistics report released yesterday. EKO HOT BLOG reports that despite this increase, M² experienced a month-on-month (MoM) … Read more

Passengers Rescued as Commercial Vehicle Plunges into Benue Stream

Many passengers sustained serious injuries when a Toyota Hiace bus reportedly veered off the road and plunged into a stream in Benue State. EKO HOT BLOG gathered that the incident occurred around 4 p.m. on Saturday, October 26, 2024, in Mbagwa, Kwande Local Government Area. Eyewitnesses reported that passersby rescued all occupants of the vehicle. … Read more

FG Introduces National Citizens Value Brigade in Education Curriculum

The federal government approved the establishment of the National Citizens Value Brigade in primary and secondary schools nationwide on Monday. EKO HOT BLOG gathered that this initiative aims to address the growing concerns over the erosion of good morals and values among the youth, leading to various forms of misconduct. The Minister of Information and … Read more