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naira devaluation

Prof. Yilwatda Named New APC National Chairman in Presidential Villa Consensus

KEY POINTS Professor Nentawe Yilwatda appointed as APC’s new National Chairman during NEC meeting...

Canal+ Secures Final Approval to Acquire MultiChoice, Owner of DSTV and GOTV

KEY POINTS Canal+ received final approval to acquire MultiChoice, Africa’s top pay-TV operator, including...

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

Prof. Yilwatda Named New APC National Chairman in Presidential Villa Consensus

KEY POINTS Professor Nentawe Yilwatda appointed as APC’s new National Chairman during NEC meeting...

Canal+ Secures Final Approval to Acquire MultiChoice, Owner of DSTV and GOTV

KEY POINTS Canal+ received final approval to acquire MultiChoice, Africa’s top pay-TV operator, including...

Four PDP Senators Join APC, Boosting Ruling Party’s Senate Control

KEY POINTS Four PDP senators defect to the APC, boosting the ruling party’s Senate...

Security Bars Senator Natasha From National Assembly Despite Court-Ordered Reinstatement

KEY POINTS Security personnel blocked Senator Natasha Akpoti-Uduaghan from entering the National Assembly despite...