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naira devaluation

Former Ondo Governor Olusegun Mimiko Joins APC Ahead of 2027 Elections

KEY POINTS • Former Ondo State Governor Olusegun Mimiko has officially defected from the PDP...

Oyo Governor Seyi Makinde Declares Interest in 2027 Presidential Race Under APM Alliance

KEY POINTS • Oyo State Governor Seyi Makinde has officially declared his intention to contest...

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

Former Ondo Governor Olusegun Mimiko Joins APC Ahead of 2027 Elections

KEY POINTS • Former Ondo State Governor Olusegun Mimiko has officially defected from the PDP...

Oyo Governor Seyi Makinde Declares Interest in 2027 Presidential Race Under APM Alliance

KEY POINTS • Oyo State Governor Seyi Makinde has officially declared his intention to contest...

Prominent Nigerian Scholar Samuel Osoba Dies at 92

KEY POINTS • Renowned academic Samuel Olusegun Osoba has died at the age of 92...

PDP and APM Sign Alliance Agreement Ahead of 2027 Elections in Ibadan

KEY POINTS • The PDP and Allied Peoples’ Movement have signed a Memorandum of Understanding...