naira devaluation

Seplat Energy Sets ₦1,609.64/USD Exchange Rate for 2024 Final and Special Dividend Payments

Seplat Energy Sets ₦1,609.64/USD Exchange Rate for 2024 Final and Special Dividend Payments

Seplat Energy Plc, the dual-listed Nigerian independent energy company, has announced the exchange rate to be used for converting its… Read More

1 month ago

Dundee University Faces £30M Crisis as Nigerian Student’s Funding Drops Due to Naira Devaluation

The University of Dundee, one of Scotland’s academic powerhouses, is on the edge of financial ruin, announcing 600 redundancies last… Read More

3 months ago

The Naira and Nigeria’s Export Competitiveness: Is Devaluation A Myth ?

Yemi Cardoso, Governor of the Central Bank of Nigeria, has emphasised that the devaluation of the naira presents an opportunity… Read More

8 months ago

Nigerian students get “more compassionate” payment plan in UK varsity

Key Points Teesside University in the UK has introduced a more compassionate payment method for Nigerian students. Students are still… Read More

11 months ago

High interest rates, naira devaluation push PZ Cussons Nigeria to N96bn loss

Key Points PZ Cussons Nigeria suffered a massive N96.4 billion net loss for the fiscal year ending May 2024. The… Read More

12 months ago

Investors gain N95bn in midweek stock trading as Naira depreciates by 0.47%

Key Points The Nigerian Naira depreciates against the US Dollar by 0.47% on the official exchange market. The exchange rate… Read More

12 months ago

Naira’s crisis not caused by cryptocurrency, says London varsity don

  She warned that restricting naira transactions on cryptocurrency exchanges could drive Nigerians to US dollar-denominated assets, worsening the naira's… Read More

1 year ago

Naira devaluation: Nigeria government intervenes in UK varsity students’ deportation ordeal

Delegates from the Nigerian High Commission in London are set to meet with officials from Teesside University to address the… Read More

1 year ago

Shattered dreams: How naira devaluation sent Nigerian students out of UK varsity

It is a story of shattered dreams as some Nigerian students at Teesside University, United Kingdom, were thrown off their… Read More

1 year ago