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naira devaluation

Tinubu Sets Off on France, Kenya, Rwanda Trip to Boost Investment and Partnerships

KEY POINTS President Tinubu will visit France, Kenya, and Rwanda from May 2, 2026. ...

APC Stakeholders Purchase 2027 Re-Election Forms for Rivers Governor Fubara

KEY POINTS APC stakeholders in Rivers purchased 2027 nomination forms for Governor Fubara. 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

Tinubu Sets Off on France, Kenya, Rwanda Trip to Boost Investment and Partnerships

KEY POINTS President Tinubu will visit France, Kenya, and Rwanda from May 2, 2026. ...

APC Stakeholders Purchase 2027 Re-Election Forms for Rivers Governor Fubara

KEY POINTS APC stakeholders in Rivers purchased 2027 nomination forms for Governor Fubara. The...

UNN Accused of Detaining Journalist Over Report on Bad Hostel Conditions

KEY POINTS A journalist was detained at UNN while reporting on poor hostel conditions. ...

Army Admits Gaps in Story as Family Rejects ‘Crossfire’ Claim in NYSC Member’s Death

KEY POINTS A NYSC member was killed in Abuja, with the army first blaming...