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naira devaluation

Momodu: zoning debate will hand Tinubu 2027 win

Veteran journalist Dele Momodu warns that the opposition's zoning debate could split its base and hand President Tinubu a second term in 2027.

Ibrahim orders Nigerian Mission to bank with UBA

UN Ambassador Jimoh Ibrahim has ordered Nigeria's Permanent Mission in New York to open a UBA account within seven days, ending a 42-year banking gap.

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

Momodu: zoning debate will hand Tinubu 2027 win

Veteran journalist Dele Momodu warns that the opposition's zoning debate could split its base and hand President Tinubu a second term in 2027.

Ibrahim orders Nigerian Mission to bank with UBA

UN Ambassador Jimoh Ibrahim has ordered Nigeria's Permanent Mission in New York to open a UBA account within seven days, ending a 42-year banking gap.

Goronyo: Tinubu committed to Nigeria’s growth

Bello Goronyo says President Tinubu's nationwide road projects and welfare programs under the Renewed Hope Agenda prove a strong commitment to growth.

Pan-African fellowship rolls out plan to police AI ethics across Africa

Osasuyi Dirisu's Policy Innovation Centre has launched a Pan-African fellowship to train 50 leaders on safer, inclusive AI governance across the continent.