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naira devaluation

Benue IDPs to federal government: ‘If you can’t take us home, say it’

Hundreds of thousands of displaced Nigerians in Benue are rejecting aid packages and demanding the right to return home safely.

Bello Turji orders Bargaja residents to flee as army steps in to halt mass displacement

Terrorist leader Bello Turji ordered Bargaja residents to flee or face death, triggering mass panic before the army intervened.

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

Benue IDPs to federal government: ‘If you can’t take us home, say it’

Hundreds of thousands of displaced Nigerians in Benue are rejecting aid packages and demanding the right to return home safely.

Bello Turji orders Bargaja residents to flee as army steps in to halt mass displacement

Terrorist leader Bello Turji ordered Bargaja residents to flee or face death, triggering mass panic before the army intervened.

South Africa, other nations turn to Dangote refinery for fuel supply

South Africa and several African governments are pursuing fuel supply contracts with Dangote Refinery as the Middle East war disrupts traditional supply routes from the Persian Gulf.

Industry leaders to debate Nigeria’s aviation hub ambitions in Lagos

Key players in Nigeria's aviation industry will meet in Lagos on March 26 to examine how hub status could boost the sector's contribution to GDP.