Netflix has once again raised its subscription fees in Nigeria, marking the third increase since 2024. This adjustment, which took effect in May 2025, has affected all subscription tiers, with …
NAIRA DEPRECIATION
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BusinessEconomyEntertainmentTechnology
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EconomyEnergyINVESTMENTManufacturingManufacturing & Consumer GoodsMarketsNigeria
Nigeria’s Brewery Sector Records N1.9tn Revenue in 2024, Signals Recovery Despite High Costs – Afrinvest
Nigeria’s brewery industry bounced back in 2024 with a remarkable 71.8 per cent year-on-year rise in revenue, hitting ₦1.9 trillion. This performance exceeded the earlier forecast of 39.2 per cent …
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Business InsightsBusiness PoliciesEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigeria’s bond demand declines amid rate hike worries
Investor interest in Federal Government of Nigeria bonds has dropped, as concerns about rising interest rates and high inflation continue to affect decisions in the financial markets. According to the …
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AviationBusinessBusiness InsightsBusiness PoliciesFinance & ServicesInfrastructureNigeriaPoliciesTransportation & LogisiticsTravel & Tourism
Nigerian Air Travel Still Struggling to Reach Pre-COVID Levels as High Costs Keep Passengers Away
Air travel in Nigeria is yet to bounce back to the level it was before the COVID-19 pandemic, mainly because many Nigerians are still facing financial pressure. With rising airfares …
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BusinessEconomyFinance & ServicesManufacturing
Forex Wahala: Nigerian SMEs Struggle as Naira Crisis Deepens
Small and medium-sized businesses across Nigeria are groaning under the weight of the forex crisis as the naira continues to fall and the foreign exchange market remains unstable. For many …
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BusinessEconomyFinance & ServicesGOVERNMENTPolicies
Naira Falls Again Despite CBN Intervention, Faces More Pressure from Global Events
The Nigerian naira has continued to weaken against the US dollar, as it recorded another round of depreciation in March 2025, both at the official market and in the parallel …
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EconomyFinance & ServicesGOVERNMENTNigeriaWestern Africa
Nigeria’s Public Debt Rises to N144.67tn, Records 48.58% Increase in One Year
Abuja – Nigeria’s total public debt has climbed to N144.67 trillion as of December 31, 2024, according to a fresh report released by the Debt Management Office (DMO). This figure …
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BusinessEconomyFinance & ServicesManufacturingMarkets
International Breweries’ loss extends to seventh year
International Breweries has recorded another year of losses, marking its seventh consecutive year in the red. The company’s audited financial report, filed on the Nigerian Exchange Limited on Thursday, showed …
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Business PoliciesEconomyFinance & Services
CBN Intensifies Measures Against Forex Speculators Amid Naira Depreciation
The Central Bank of Nigeria (CBN) is preparing to implement additional strategies to combat foreign exchange (forex) speculators, aiming to stabilize the naira, which has been experiencing a decline in …
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The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N430. The figure represented a decrease of 0.09 per cent compared with the N429.62 …