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naira devaluation

Teacher Killed in Oyo School Attack Laid to Rest Amid Ongoing Rescue Efforts

KEY POINTS Joel Adesiyan, a teacher killed during the Oyo school attack, was buried...

Ogun Hunters Warn of Planned School Kidnappings, Ask Government for More Security Support

KEY POINTS Hunters in Ogun State raised alarm over alleged threats by kidnappers to...

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

Teacher Killed in Oyo School Attack Laid to Rest Amid Ongoing Rescue Efforts

KEY POINTS Joel Adesiyan, a teacher killed during the Oyo school attack, was buried...

Ogun Hunters Warn of Planned School Kidnappings, Ask Government for More Security Support

KEY POINTS Hunters in Ogun State raised alarm over alleged threats by kidnappers to...

Hamzat Wins Lagos APC Governorship Ticket With Over 657,000 Votes

KEY POINTS Lagos Deputy Governor Kadri Obafemi Hamzat won the APC governorship primary with...

Court Extends Deadline for Political Parties, Cancels INEC May 10 Directive

KEY POINTS The Federal High Court nullified INEC’s May 10 deadline for submission of...