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naira devaluation

Pan-African Billionaire Benedict Peters Deploys High-Tech Aircraft to Map Madagascar’s Hidden Mineral Wealth

KEY POINTS Pan-African billionaire Benedict Peters has deployed three high-tech aircraft to map Madagascar’s...

CBN, NCC Sign MoU To Tackle SIM-Related Fraud in Nigeria

The Central Bank of Nigeria and the NCC have signed a memorandum of understanding to tackle SIM-related fraud and launch a shared phone-number risk portal.

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

Pan-African Billionaire Benedict Peters Deploys High-Tech Aircraft to Map Madagascar’s Hidden Mineral Wealth

KEY POINTS Pan-African billionaire Benedict Peters has deployed three high-tech aircraft to map Madagascar’s...

CBN, NCC Sign MoU To Tackle SIM-Related Fraud in Nigeria

The Central Bank of Nigeria and the NCC have signed a memorandum of understanding to tackle SIM-related fraud and launch a shared phone-number risk portal.

APC Releases 2027 Election Timetable, Sets Presidential Form at ₦100 Million

KEY POINTS APC set presidential nomination form at ₦100m and governorship at ₦50m for...

Ogun East APC Endorses Dapo Abiodun for 2027 Senate Bid

KEY POINTS Ogun East APC leaders endorsed Dapo Abiodun as consensus candidate for 2027...