HomeTagsNaira devaluation

naira devaluation

Defence Minister Says No Punishment for Soldier on Lawful Duty

Defence Minister Mohammad Badaru says soldiers on lawful duty will not face punishment, pledging stronger troop welfare and modernisation efforts.

Buratai Warns Wike-Navy Clash Poses Threat to National Security

Buratai warns Wike’s clash with a naval officer poses a danger to national security, igniting debate over civil-military relations.

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

Defence Minister Says No Punishment for Soldier on Lawful Duty

Defence Minister Mohammad Badaru says soldiers on lawful duty will not face punishment, pledging stronger troop welfare and modernisation efforts.

Buratai Warns Wike-Navy Clash Poses Threat to National Security

Buratai warns Wike’s clash with a naval officer poses a danger to national security, igniting debate over civil-military relations.

Senate Approves Tinubu’s N1.15 Trillion Domestic Borrowing Plan

Senate approves Tinubu’s N1.15 trillion domestic borrowing to fund the 2025 budget deficit and sustain critical government programmes.

Civil Defence Board Urges Early Login For CBT

The Civil Defence Board directs shortlisted candidates to log in 30 minutes before their scheduled CBT to ensure a smooth online recruitment test