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naira devaluation

Hayatu-Deen vows not to step down for Atiku, Amaechi

ADC presidential aspirant Mohammed Hayatu-Deen vowed not to step down for Atiku Abubakar, Rotimi Amaechi or anyone, pledging to reverse Nigeria's two-decade economic decline.

US, Nigeria kill ISIS second-in-command al-Minuki in Sokoto strike

US and Nigerian forces killed ISIS second-in-command Abu-Bilal al-Minuki in a Sokoto air strike, President Trump announced, marking a major counter-terrorism milestone.

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

Hayatu-Deen vows not to step down for Atiku, Amaechi

ADC presidential aspirant Mohammed Hayatu-Deen vowed not to step down for Atiku Abubakar, Rotimi Amaechi or anyone, pledging to reverse Nigeria's two-decade economic decline.

US, Nigeria kill ISIS second-in-command al-Minuki in Sokoto strike

US and Nigerian forces killed ISIS second-in-command Abu-Bilal al-Minuki in a Sokoto air strike, President Trump announced, marking a major counter-terrorism milestone.

Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the...

Suspected Gas Leak Sends Ogun Students to Hospital, Sparks Panic in Ijebu Ode

KEY POINTS Several students were hospitalised after a suspected gas leak at Anglican Girls...