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naira devaluation

DSS Raises Alarm Over Planned Kidnap Attacks on Farmers in Kwara

KEY POINTS DSS warns of a planned increase in farmer kidnappings in parts of...

Mother Cries for Help as Kidnappers Demand ₦50 Million for Daughter Taken from Bus

KEY POINTS Gunmen attacked a bus on the Benin–Lagos road, killed the driver. The...

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

DSS Raises Alarm Over Planned Kidnap Attacks on Farmers in Kwara

KEY POINTS DSS warns of a planned increase in farmer kidnappings in parts of...

Mother Cries for Help as Kidnappers Demand ₦50 Million for Daughter Taken from Bus

KEY POINTS Gunmen attacked a bus on the Benin–Lagos road, killed the driver. The...

JAMB Explains Why Some 2026 UTME Candidates Are Seeing “No Result Yet”

KEY POINTS Some candidates are seeing “No Result Yet” because they are underage, not...

Tinubu drops Edun and Dangiwa, hands finance to Oyedele

President Bola Tinubu has dropped Wale Edun and Ahmed Dangiwa from his cabinet, handing the finance brief to Taiwo Oyedele in a minor reshuffle.