In this piece, HENRY FALAIYE examines how Nigeria’s rising inflation is rapidly eroding people’s wealth, making it harder to save or investAs the cost of living soars, financial stability becomes a ...
The devaluation of the Nigerian naira and impacts from ongoing conflict in Sudan continued to hurt MTN Group’s profit over the past financial year. The pan-African telecoms operator’s headline ...
Amid Nigeria’s economic crisis, crypto offers a lifeline for citizens. The government is finalizing new regulations for ...
President Javier Milei gets tired of repeating that the economic program carried out by his government is “the most ...
Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers ...
Share…top firms reel from forex losses A financial storm has battered Nigeria’s corporate sector, with MTN Nigeria Communications Plc and six other blue-chip companies collectively incurring a ...
In July 1944, the Bretton Woods Conference convened, gathering 44 nations and a group of economic policymakers aimed at curbing speculation in international currencies and finding ways to ...
Reuters reported that the move represented a devaluation of 86.6% with respect ... Index Drops as Investors Brace for Tariffs to Take Effect Markets News, March 12, 2025: S&P 500, Nasdaq Rise ...
In some cases, it may cause side effects such as gastrointestinal problems, numbness, or a fast heart rate. Vyvanse can help improve symptoms associated with ADHD, such as issues with focus and ...
"It's not just the country that's the thing, but our inflation rate is so high on duties and the naira devaluation — so it's affecting importing from any country at all," said Tope. "It's not ...
The company’s audited annual report released on Thursday showed impact of a foreign exchange volatility that hurt profit following a sharp devaluation of the naira, its reporting currency.
The International Monetary Fund (IMF) has long advocated for the devaluation of currencies in developing countries, particularly in Africa, under the premise that such measures would enhance export ...