HomeTagsCurrency Devaluation

Currency Devaluation

Exhibit Mosho Lights Up Ogbomoso with Valentine’s Day Pop-Up Art Exhibition

Exhibit Mosho gathered 24 artists in Ogbomoso on Valentine’s Day, celebrating love, bravery and the city’s growing creative spirit.

Dangote Swaps Luxury for Factory Floor in Industrial Push

Dangote industrialization strategy replaces luxury lifestyle with large-scale factories, cement plants and a refinery aimed at boosting local production.

MTN and Airtel Make a Strong Comeback

MTN Nigeria and Airtel Africa, two of Nigeria's leading telecommunications companies, are charting a...

Inflation Hits Nearly 30%, Highest Since 1996

Nigeria's inflation rate reaches nearly 30% amid skyrocketing food prices and currency devaluation. Government faces mounting pressure to stabilize economy and alleviate financial strain on households.

Naira Hits Record Low on Official Exchange, Nears N1,500/$ Mark

The naira plunges to a new all-time low on the official market, raising concerns over potential economic impacts and market stability.

Latest articles

Exhibit Mosho Lights Up Ogbomoso with Valentine’s Day Pop-Up Art Exhibition

Exhibit Mosho gathered 24 artists in Ogbomoso on Valentine’s Day, celebrating love, bravery and the city’s growing creative spirit.

Dangote Swaps Luxury for Factory Floor in Industrial Push

Dangote industrialization strategy replaces luxury lifestyle with large-scale factories, cement plants and a refinery aimed at boosting local production.

FCCPC Flags Airline Price Manipulation During Festive Peak

FCCPC interim review finds airline price manipulation during festive peak and considers enforcement under competition law.

Tinubu Extends Shea Nut Export Ban to Spur Local Processing

Tinubu extends Shea nut export ban to 2027 to boost local processing as prices fall and traders report market disruption.