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naira devaluation

Iwosan Investments Expands With Paelon Hospital Acquisition

Iwosan Investments strengthens healthcare in Nigeria with its acquisition of Paelon Memorial Hospital, expanding its network and boosting specialized patient care.

Police Seal PDP National Headquarters Amid Leadership Rift

Police sealed the PDP headquarters in Abuja, blocking access and heightening tensions as the party’s leadership crisis escalates.

How Currency Devaluation Impacts Nigerians’ Everyday Lives

Currency devaluation impacts Nigerians through rising prices, reduced purchasing power, and economic challenges for businesses across Nigeria

Nigerian Students Face Expulsion Over Naira Devaluation at UK University

A group of Nigerian students at a UK university face expulsion due to financial difficulties caused by the devaluation of the naira. The university cites visa regulations, while students plead for support and a chance to finish their studies. The incident raises concerns about the vulnerability of international students to currency fluctuations.

Nigerian Tycoons Shine on Forbes’ Billionaire List Despite Economic Hurdles

Despite naira devaluation, Nigerian business magnates Dangote, Otedola, Adenuga, and Rabiu make Forbes’ billionaire list, highlighting their enduring wealth and the country's economic resilience.

Nigerian Breweries Plunges into Loss as Naira Crashes

Nigerian Breweries Plc, the country’s leading beer maker, posted a net loss of N106.3...

How Nigeria’s Economic Woes Force Manufacturers to Sell on Credit

Nigeria’s manufacturers are struggling to cope with the effects of the government’s economic reforms,...

Nigerians Deposit More Money in Banks as CBN Boosts Lending and Devaluation Increases Dollar Value

Nigerian banks have witnessed a surge in customer deposits this year, as the Central...

Nestle Nigeria Faces Financial Crisis Due to Naira Devaluation

Nestle Nigeria, the country’s leading food and beverage company, has reported a massive loss...

Latest articles

Iwosan Investments Expands With Paelon Hospital Acquisition

Iwosan Investments strengthens healthcare in Nigeria with its acquisition of Paelon Memorial Hospital, expanding its network and boosting specialized patient care.

Police Seal PDP National Headquarters Amid Leadership Rift

Police sealed the PDP headquarters in Abuja, blocking access and heightening tensions as the party’s leadership crisis escalates.

Kwankwaso Urges Federal Probe as Insecurity Deepens in Nigeria

Kwankwaso calls for an urgent federal probe as kidnappings, military killings, and bandit raids highlight Nigeria’s deepening insecurity crisis nationwide.

Nigeria Ranks States On Health Commitments Progress

Nigeria’s health ministry ranks states on their progress in implementing National Council on Health resolutions, showing sharp differences in execution and funding readiness