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naira devaluation

JUSUN Suspends Five-Month Strike in Benue

JUSUN Benue Union put an end to its five-month strike following favorable government actions that caused an immediate work resumption for all workers.

Protesters Demand Probe Into Ex-NNPCL Boss Kyari’s Tenure

Protesters stormed the AGF’s office demanding an investigation into Mele Kyari’s tenure at NNPCL, focusing on alleged corruption and a $2 billion debt.

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

JUSUN Suspends Five-Month Strike in Benue

JUSUN Benue Union put an end to its five-month strike following favorable government actions that caused an immediate work resumption for all workers.

Protesters Demand Probe Into Ex-NNPCL Boss Kyari’s Tenure

Protesters stormed the AGF’s office demanding an investigation into Mele Kyari’s tenure at NNPCL, focusing on alleged corruption and a $2 billion debt.

Lagos to Introduce Special Vehicle Plates for Persons with Disabilities

Lagos introduces special number plates for persons with disabilities to improve vehicle identification and inclusivity

Benue Government Calls Recent Attacks Terrorism, Not Farmer-Herder Clashes

KEY POINTS Benue State Government attributes recent violent attacks in the Ukum and Logo...