Brewers operating in Nigeria are anticipating a more profitable year devoid of volatility and a boost on their operational ...
Airtel Nigeria has reported a decline in revenue for the nine months ending December 31, 2024, with total revenue falling to $738m, a decrease of 40.3 per cent from $1.237bn reported for the same ...
An economic expert has projected that Nigeria's public debt will rise to N150 trillion by the end of the first quarter of ...
It started to ease in July last year as the impact of the naira devaluation began to fade, before a series of petrol price increases again spurred inflationary pressures, exacerbating the worst ...
NIGERIA’S external debt burden is expected to increase significantly if the naira continues to depreciate ... Budget and Economic Outlook” highlights the risks of further devaluation on Nigeria’s debt ...
This devaluation prompted many Nigerians ... about the massive inflow of foreign exchange into the Nigerian economy. Once converted into naira, these funds were used for lifestyle and ...
The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...
Nigerian banks and the federal government ... tax on banks’ realised foreign exchange gains following the naira devaluation on June 14, 2023. Thereafter, both chambers of the National Assembly ...
Naira stability will halt the federation allocation windfall that has been enjoyed by federal and state governments in the ...
Airtel Africa reports USD 133 million profit in Q3 FY25, driven by forex gain. Revenue increased 2% to USD 1,268 million, ...