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naira devaluation

Over 5 Million Nigerians Still Without Electricity Meters

More than five million Nigerians lack electricity meters, causing billing disputes and highlighting the slow pace of metering progress nationwide.

5 Forces That Will Shape Nigeria’s Direction In 2026

Nigeria’s path in 2026 will depend on the economy, politics, public mood and security as the country edges closer to 2027.

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

Over 5 Million Nigerians Still Without Electricity Meters

More than five million Nigerians lack electricity meters, causing billing disputes and highlighting the slow pace of metering progress nationwide.

5 Forces That Will Shape Nigeria’s Direction In 2026

Nigeria’s path in 2026 will depend on the economy, politics, public mood and security as the country edges closer to 2027.

Oyo Suspends Monarch Over Illegal Mining, Ogun Cracks Down on Farmlands

Oyo suspends Oba Adefabi over illegal mining; Ogun stops mining in Ado-Odo to protect farmland and forests.

Rivers Political Feud Escalates as Wike-Aligned PDP Faction Issues Apology Ultimatum to APC Secretary

KEY POINTS A PDP faction loyal to Nyesom Wike has given APC National Secretary...