Trending News: Calm Returns After Police, Youths Clash in Lagos CommunityDel-York Creative Academy, YABATECH Partner to Train 10,000 Students in Digital Creativity, AnimationBalmoral Seals Strategic Partnership to Boost Boxing in NigeriaAdebayo: Changes in Security, Poverty, Employment ‘ll Determine If Tinubu Will Contest Presidency in 2027 DOAM Foundation Equips Scholarship Beneficiaries with Resilience, Leadership SkillsFG Clarifies Minister’s Statement on Signed Agreement With ASUUBREAKING: Angry Residents Block Roads, Protest Police Killing Of Unarmed Man In Lagos’ Ibeju-Lekki; Two Others In Critical ConditionFLIP: Oando Foundation Partners QEDA, Others to Improve Foundational Learning in NigeriaBREAKING: South Africa Demolishes Nigerian Developer’s Unlawful Complexes In Tshwane After Court RulingsOborevwori Courts Brazilian Investors, Showcases Delta’s Economic PotentialDSS Charges Nine over Benue, Plateau MassacresShettima: FG Ready To Unlock Nigeria’s Geo-heritage Sites Potential Through CollaborationBREAKING: Bishop Emeritus Of Nsukka Diocese, Francis Emmanuel Okobo, Dies At 89Oyebanji Tasks Ekiti  Elders to Ensure Politicians Play by RulesManufacturers of Military Hardware Call on African Leaders to Prioritise Locally Made Defence ArmamentsResidents Send SOS to Lagos Govt Over Safety Concerns as Construction of Building Threatens Life, PropertyAbiodun Consolidates Gains of Infrastructure Projects in Ogun EastBandits Kill Two, Abduct Several Others in Niger CommunityMartha Agba Empowers Obudu Youths, Women With Business GrantsGbenga Daniel: When Law of Karma BeckonsMarafa Dumps APC, Accuses Tinubu of Betrayal, NeglectFRSC, EFCC Join Forces to End Economic Sabotage, Road Traffic CrashesNigeria to Strengthen Conflict-sensitive Climate AdaptationBREAKING: Three Killed As Suspected Bandits Ambush Motorists In KwaraNCS Cautions Public on Auctioning of Seized ItemsEXCLUSIVE: How Four Policemen Attached To ‘Land Grabber’ Ariori Left Duty Post For Illegal Assignment At Lagos’ Owode Market, Shot Three DeadBREAKING: Suspected Amasiri Warriors Invade Ebonyi Community, Behead Farmer Amid Land DisputeAnambra Massacre: 11 Laid to Rest in EbonyiNEC Moves to Fast-track $1trn Economy, Endorses Renewed Hope Five-Year Economic PlanGDP: Govs Back FG’s $100 Billion Creative Economy Target By 2030Gov Mbah Revamps, Upgrades Nigergas after 30-year DormancyDangote Group, Ethiopia Strike Deal to Build $2.5 Billion Fertiliser PlantOye Cautions on Abrupt Banning of Shea Nuts’ Export, Canvasses Phased Transition PeriodJapan’s Credit Rating Agency Affirms Afreximbank’s A-/Stable RatingAkpabio Inaugurates Projects in Akwa Ibom, Credits Tinubu for Prompt FundingOjulari Pledges Renewed Transparency in NNPC, Says Oil Company Under AttackMinister Bosun Tijani Listed Among 2025 TIME Magazine’s 100 Most Influential Persons on AITinubu: My Global Shuttles Aimed at Growth, Job Creation, Nation’s ProsperityINC Decries Double Standard in Nigeria’s Solid Minerals, Crude Oil LawsFG Inaugurates 21-man Advisory Team to End Building Collapse, Quackery, OthersCanada Commits $15.75m to Empower Nigerian Women Through ActionAid’s Renewed Leadership ProjectAfDB Invests $55bn in Trade Infrastructure as FG Seeks to Deepen Trade Ties with Benin, CamerounOML17: Heirs Energies Sets Ambitious 100,000 Bpd, 150mmscf/d Gas Output Targets  IFEOMA MONYE AT 60Zichis Agro-allied Industries Eyes Listing Shares on NGXNEC Moves to Fast-track $1trn Economy, Endorses Renewed Hope 2026-2030 Economic PlanAfriland Properties Pays Interim Dividend of  N178.6mAll On Chairman Urges Bold Investments to Bridge Energy Gap in NigeriaEXCLUSIVE: EFCC Detains NAHCON Chairman’s Brother, Aka ‘De Facto Chairman’, Sirajo Usman, Over Hajj Expenditure, Alleged N50Billion FraudFG Denies Signing Agreement With ASUU, Describes Document As DraftSoludo Can Never Be Distracted FG Flags off Landmark Agro-value Chain Initiative to Empower 10m WomenFoundation Empowers 150 Indigent Students With Scholarship on Health Education in KwaraAgain, FG Raises Passport Application Fees Tinubu’s Visit to Brazil, Waste of Nigeria’s Scarce Resources, Says Adebayo Derailed Train: NSCDC Reiterates Vow to Safeguard Critical AssetsEXCLUSIVE: Ekiti State To Spend N12.7Billion On ‘Cash Transfers’ To Residents In Three Years, Details Of Beneficiaries UnclearPDP Criticises Okpebholo’s Reckless Allocation of N2.5bn to UBTHADC is Rescue Plan for Nigeria, Says Political ExpertVIDEO: ‘Even If I Sell Niger State To Fund Projects, It’s Not Your Business; They Say I’m Borrowing But I’ve Not Started Yet’ –Gov Bago Tells ResidentsFMN Stays Committed To Feeding The NationGroup Commends Mbah for Restoring Enugu Regional HubAnother LG Boss Suspended in Niger‘We Are Treated Like Slaves In Our Land’: Zamfara Resident Laments As Gunmen Kill Two, Abduct Over 100 –ReportObasanjo,  Abubakar, Jonathan, Ali-Pate, Set to Inaugurate  Health Hub in AbujaEFInA: Affordable Credit and Fintechs Key to Deepening Financial InclusionOlawepo-Hashim: National Convention Has Final Say on PDP ZoningTinubu Banks on Tech, Food Security to Boost Nigeria’s GrowthBala Mohammed: I Gave Up My Presidential Bid to Allow PDP Zone Ticket to SouthFG Moves to End ASUU Crisis, Inter-ministerial C’ttee Meets TodayAccess Holdings Announces Roosevelt Ogbonna’s Exit from Board as Non-Executive DirectorUAE Confirms Emirates Airline Participation in Africa Tourism, Creative Economy ExpoFG Receives 1,653 Solar-Powered Cold-chain RefrigeratorsUzodimma Raises Minimum Wage to N104,000NCCC Urges Developed Countries, Partners to Honour Commitment on Climate ChangeTUC Rejects Bill to Remove Labour from Exclusive LegislativeFG to Partner Organisations to Train Farmers on AgriConnect InitiativeRadda to Construct Schools, Hospital in Mantau Community After Bandits’ AttacksTCN Power Project: Oyebanji Pays N503m to 1,050 Land Owners in EkitiNIGER DELTA BLUE ECONOMYPETER MBAH AS “TALK AND DO” GOVERNORGIVING MEANING TO THE MALABO DECLARATIONDatari Ladejo: From Lagos to Johannesburg, Double Awards for Under-40 CEO‘Finish Line’ and the Poetry of SurvivalEnugu @ 34: As Mbah Drives the Dreams of Founding FathersDigital Realty Launches New Data CentreT2 Empowers SIM Registration OfficersBREAKING: Bandits Kill One, Kidnap Six In Southern Kaduna Despite State Peace PactYilwatda: Tinubu Has Directed Me To Work With GandujeTinubu Departs Brazil for AbujaFuel Subsidy Removal Freed Resources for National Dev’t, Says MinisterTinubu Targets 7m Youths for Digital Literacy in 2 YearsRoosevelt Ogbonna Resigns From Access HoldCo, Remains Access Bank CEONewGlobe’s Holistic Model Boosts Teaching Efficiency in Public Primary Schools2027: Aerospace Engineer Joins Ogun Governorship RaceSEC Grants Provisional Licence to Zigma-Alpha Asset Management to Operate as Fund, Portfolio ManagersNECO Refutes Recruitment ClaimsEXCLUSIVE: Nigerian Tailor And 8-Month-Old Baby Detained Since March #FreePalestine Protest, Critically Ill, Denied Court Access, Husband SaysJonathan: Nigeria Needs Registrar of Political Parties To Tackle IndisciplineTinubu Pledges To Fast-track Nigeria’s Development Through Technology And Food Security
Fri. Aug 29th, 2025
Trending News: Calm Returns After Police, Youths Clash in Lagos CommunityDel-York Creative Academy, YABATECH Partner to Train 10,000 Students in Digital Creativity, AnimationBalmoral Seals Strategic Partnership to Boost Boxing in NigeriaAdebayo: Changes in Security, Poverty, Employment ‘ll Determine If Tinubu Will Contest Presidency in 2027 DOAM Foundation Equips Scholarship Beneficiaries with Resilience, Leadership SkillsFG Clarifies Minister’s Statement on Signed Agreement With ASUUBREAKING: Angry Residents Block Roads, Protest Police Killing Of Unarmed Man In Lagos’ Ibeju-Lekki; Two Others In Critical ConditionFLIP: Oando Foundation Partners QEDA, Others to Improve Foundational Learning in NigeriaBREAKING: South Africa Demolishes Nigerian Developer’s Unlawful Complexes In Tshwane After Court RulingsOborevwori Courts Brazilian Investors, Showcases Delta’s Economic PotentialDSS Charges Nine over Benue, Plateau MassacresShettima: FG Ready To Unlock Nigeria’s Geo-heritage Sites Potential Through CollaborationBREAKING: Bishop Emeritus Of Nsukka Diocese, Francis Emmanuel Okobo, Dies At 89Oyebanji Tasks Ekiti  Elders to Ensure Politicians Play by RulesManufacturers of Military Hardware Call on African Leaders to Prioritise Locally Made Defence ArmamentsResidents Send SOS to Lagos Govt Over Safety Concerns as Construction of Building Threatens Life, PropertyAbiodun Consolidates Gains of Infrastructure Projects in Ogun EastBandits Kill Two, Abduct Several Others in Niger CommunityMartha Agba Empowers Obudu Youths, Women With Business GrantsGbenga Daniel: When Law of Karma BeckonsMarafa Dumps APC, Accuses Tinubu of Betrayal, NeglectFRSC, EFCC Join Forces to End Economic Sabotage, Road Traffic CrashesNigeria to Strengthen Conflict-sensitive Climate AdaptationBREAKING: Three Killed As Suspected Bandits Ambush Motorists In KwaraNCS Cautions Public on Auctioning of Seized ItemsEXCLUSIVE: How Four Policemen Attached To ‘Land Grabber’ Ariori Left Duty Post For Illegal Assignment At Lagos’ Owode Market, Shot Three DeadBREAKING: Suspected Amasiri Warriors Invade Ebonyi Community, Behead Farmer Amid Land DisputeAnambra Massacre: 11 Laid to Rest in EbonyiNEC Moves to Fast-track $1trn Economy, Endorses Renewed Hope Five-Year Economic PlanGDP: Govs Back FG’s $100 Billion Creative Economy Target By 2030Gov Mbah Revamps, Upgrades Nigergas after 30-year DormancyDangote Group, Ethiopia Strike Deal to Build $2.5 Billion Fertiliser PlantOye Cautions on Abrupt Banning of Shea Nuts’ Export, Canvasses Phased Transition PeriodJapan’s Credit Rating Agency Affirms Afreximbank’s A-/Stable RatingAkpabio Inaugurates Projects in Akwa Ibom, Credits Tinubu for Prompt FundingOjulari Pledges Renewed Transparency in NNPC, Says Oil Company Under AttackMinister Bosun Tijani Listed Among 2025 TIME Magazine’s 100 Most Influential Persons on AITinubu: My Global Shuttles Aimed at Growth, Job Creation, Nation’s ProsperityINC Decries Double Standard in Nigeria’s Solid Minerals, Crude Oil LawsFG Inaugurates 21-man Advisory Team to End Building Collapse, Quackery, OthersCanada Commits $15.75m to Empower Nigerian Women Through ActionAid’s Renewed Leadership ProjectAfDB Invests $55bn in Trade Infrastructure as FG Seeks to Deepen Trade Ties with Benin, CamerounOML17: Heirs Energies Sets Ambitious 100,000 Bpd, 150mmscf/d Gas Output Targets  IFEOMA MONYE AT 60Zichis Agro-allied Industries Eyes Listing Shares on NGXNEC Moves to Fast-track $1trn Economy, Endorses Renewed Hope 2026-2030 Economic PlanAfriland Properties Pays Interim Dividend of  N178.6mAll On Chairman Urges Bold Investments to Bridge Energy Gap in NigeriaEXCLUSIVE: EFCC Detains NAHCON Chairman’s Brother, Aka ‘De Facto Chairman’, Sirajo Usman, Over Hajj Expenditure, Alleged N50Billion FraudFG Denies Signing Agreement With ASUU, Describes Document As DraftSoludo Can Never Be Distracted FG Flags off Landmark Agro-value Chain Initiative to Empower 10m WomenFoundation Empowers 150 Indigent Students With Scholarship on Health Education in KwaraAgain, FG Raises Passport Application Fees Tinubu’s Visit to Brazil, Waste of Nigeria’s Scarce Resources, Says Adebayo Derailed Train: NSCDC Reiterates Vow to Safeguard Critical AssetsEXCLUSIVE: Ekiti State To Spend N12.7Billion On ‘Cash Transfers’ To Residents In Three Years, Details Of Beneficiaries UnclearPDP Criticises Okpebholo’s Reckless Allocation of N2.5bn to UBTHADC is Rescue Plan for Nigeria, Says Political ExpertVIDEO: ‘Even If I Sell Niger State To Fund Projects, It’s Not Your Business; They Say I’m Borrowing But I’ve Not Started Yet’ –Gov Bago Tells ResidentsFMN Stays Committed To Feeding The NationGroup Commends Mbah for Restoring Enugu Regional HubAnother LG Boss Suspended in Niger‘We Are Treated Like Slaves In Our Land’: Zamfara Resident Laments As Gunmen Kill Two, Abduct Over 100 –ReportObasanjo,  Abubakar, Jonathan, Ali-Pate, Set to Inaugurate  Health Hub in AbujaEFInA: Affordable Credit and Fintechs Key to Deepening Financial InclusionOlawepo-Hashim: National Convention Has Final Say on PDP ZoningTinubu Banks on Tech, Food Security to Boost Nigeria’s GrowthBala Mohammed: I Gave Up My Presidential Bid to Allow PDP Zone Ticket to SouthFG Moves to End ASUU Crisis, Inter-ministerial C’ttee Meets TodayAccess Holdings Announces Roosevelt Ogbonna’s Exit from Board as Non-Executive DirectorUAE Confirms Emirates Airline Participation in Africa Tourism, Creative Economy ExpoFG Receives 1,653 Solar-Powered Cold-chain RefrigeratorsUzodimma Raises Minimum Wage to N104,000NCCC Urges Developed Countries, Partners to Honour Commitment on Climate ChangeTUC Rejects Bill to Remove Labour from Exclusive LegislativeFG to Partner Organisations to Train Farmers on AgriConnect InitiativeRadda to Construct Schools, Hospital in Mantau Community After Bandits’ AttacksTCN Power Project: Oyebanji Pays N503m to 1,050 Land Owners in EkitiNIGER DELTA BLUE ECONOMYPETER MBAH AS “TALK AND DO” GOVERNORGIVING MEANING TO THE MALABO DECLARATIONDatari Ladejo: From Lagos to Johannesburg, Double Awards for Under-40 CEO‘Finish Line’ and the Poetry of SurvivalEnugu @ 34: As Mbah Drives the Dreams of Founding FathersDigital Realty Launches New Data CentreT2 Empowers SIM Registration OfficersBREAKING: Bandits Kill One, Kidnap Six In Southern Kaduna Despite State Peace PactYilwatda: Tinubu Has Directed Me To Work With GandujeTinubu Departs Brazil for AbujaFuel Subsidy Removal Freed Resources for National Dev’t, Says MinisterTinubu Targets 7m Youths for Digital Literacy in 2 YearsRoosevelt Ogbonna Resigns From Access HoldCo, Remains Access Bank CEONewGlobe’s Holistic Model Boosts Teaching Efficiency in Public Primary Schools2027: Aerospace Engineer Joins Ogun Governorship RaceSEC Grants Provisional Licence to Zigma-Alpha Asset Management to Operate as Fund, Portfolio ManagersNECO Refutes Recruitment ClaimsEXCLUSIVE: Nigerian Tailor And 8-Month-Old Baby Detained Since March #FreePalestine Protest, Critically Ill, Denied Court Access, Husband SaysJonathan: Nigeria Needs Registrar of Political Parties To Tackle IndisciplineTinubu Pledges To Fast-track Nigeria’s Development Through Technology And Food Security
Fri. Aug 29th, 2025

From FX pain to profit boom: Nigerian companies rebound big after devaluation 

In June 2023, Nigeria’s decision to float the naira marked a historic turning point in its foreign exchange regime. What followed was a steep and prolonged depreciation of the local currency the naira fell from about N460/$ in June 2023 to N1,535/$ by year-end 2024. This sharp devaluation exposed Nigerian companies to massive FX translation […]

The post From FX pain to profit boom: Nigerian companies rebound big after devaluation  appeared first on Nairametrics.

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