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naira devaluation

Wike, Elumelu Urge Stronger Investments to Tackle Poverty

Wike and Elumelu urge stronger investments to tackle poverty, calling for public-private collaboration to unlock Abuja’s and Africa’s economic potential

Ondo Government Calms Public After DSS Terror Alert Leak

Ondo government reassures residents after DSS terror alert leak, confirming that active security measures are underway to keep the state safe.

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

Wike, Elumelu Urge Stronger Investments to Tackle Poverty

Wike and Elumelu urge stronger investments to tackle poverty, calling for public-private collaboration to unlock Abuja’s and Africa’s economic potential

Ondo Government Calms Public After DSS Terror Alert Leak

Ondo government reassures residents after DSS terror alert leak, confirming that active security measures are underway to keep the state safe.

Cross River Closes 36 Unapproved Schools Over Registration

Cross River begins a major enforcement drive, shutting down 36 unapproved schools to restore standards and protect the integrity of education.

Edo Moves to Regulate Scrap Dealers, Scavengers

Edo plans new scavenger regulation bill to curb vandalism, tighten scrap market control, and strengthen collaboration with the NSCDC.