Nigeria's currency is experiencing a 'stealth redenomination' as small naira notes vanish and Inflation is reshaping consumer ...

Dangote Sugar Refinery Plc is showing early signs of stabilisation after two bruising years triggered by the naira’s devaluation, ...

Debate on whether or not to devalue the naira continued on Thursday with Edo State Governor, Adams Oshiomhole, joining the discussion. The governor, who did not hide his disdain for a weaker naira, ...

The Central Bank of Nigeria (CBN) says market fundamentals do not support Naira devaluation this time around. Okorafor expressed dismay at speculative activities at the foreign exchange market from ...

He said Nigeria’s was a consumer economy, which needed to be stimulated into production to create jobs for the population. President Muhammadu Buhari says that he will not support the devaluation of ...

IHS Holding Limited, the telecom infrastructure company managing towers for MTN and Airtel, reported a 19.3 per cent year-on-year drop in fourth-quarter revenue to $258.9m, citing the sharp ...

As the naira continues to extend its rally, investors who hoarded dollars are being forced to reassess their trade ...

Nigerian stocks’ strong start to the year has helped them recover the market value wiped out by a sharp naira devaluation two years ago. The West African nation’s benchmark index surged 31 per cent ...

When President Bola Ahmed Tinubu’s administration dismantled Nigeria’s rigid foreign exchange regime in 2024, critics were quick to call it a currency collapse. The naira plunged to N1,800 per dollar ...

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 ...

JOHANNESBURG, Aug 19 (Reuters) - MTN Group (MTNJ.J), opens new tab reported a half-year loss on Monday as Africa's biggest telecom operator grappled with the devaluation of the Nigerian naira and ...