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naira devaluation

7 Nigerian Stars Thriving Abroad in European Leagues

Seven Nigerian footballers are making waves abroad in 2025 with standout performances across top European leagues

Nigeria’s Pop Culture Renaissance Drives Global Shift in Music and Style

KEY POINTS Afrobeat’s modern evolution, led by Nigerian artists, has become a global cultural...

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

7 Nigerian Stars Thriving Abroad in European Leagues

Seven Nigerian footballers are making waves abroad in 2025 with standout performances across top European leagues

Nigeria’s Pop Culture Renaissance Drives Global Shift in Music and Style

KEY POINTS Afrobeat’s modern evolution, led by Nigerian artists, has become a global cultural...

Nigeria’s Youth Face Mounting Mental Health Crisis Amid Economic and Social Strain

KEY POINTS Approximately 40 million Nigerians, including one in six youths aged 15-24, are...

FG Promises to Deal with Flooding and Desertification in Nigeria

Nigeria’s Federal Government has declared its intention to deal with flooding and desertification by putting more emphasis on teamwork between agencies and using new technologies.