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naira devaluation

Nigeria’s Inflation Edges Up to 15.38% in March After Year of Decline

KEY POINTS Headline inflation rose to 15.38% in March 2026, its first increase in...

Plateau Government Eases Curfew in Jos North as Security Situation Improves

KEY POINTS Plateau State reduced the Jos North curfew to 7:00 p.m. – 5:00...

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

Nigeria’s Inflation Edges Up to 15.38% in March After Year of Decline

KEY POINTS Headline inflation rose to 15.38% in March 2026, its first increase in...

Plateau Government Eases Curfew in Jos North as Security Situation Improves

KEY POINTS Plateau State reduced the Jos North curfew to 7:00 p.m. – 5:00...

Agboola Ajayi Declares 2027 Senate Bid

KEY POINTS Ajayi declares 2027 Senate bid, citing extensive political experience across all levels...

United Nigeria Airlines Grounds CRJ-900 Aircraft After Bird Strike at Abuja Airport

KEY POINTS A United Nigeria Airlines CRJ-900 aircraft was grounded after a bird strike...