Traders are reporting significant losses of goods valued in billions of naira due to the ongoing economic instability and market issues in Nigeria and West Africa.

The entities involved

• naira →

  currency of the Federal Republic of Nigeria

  • DMly has launched in Nigeria, providing businesses a platform to convert Instagram and WhatsApp conversations into sales using naira payments.Tue 21:29
  • State governments are committing billions of naira to support the aviation sector.Tue 15:32
• Nigeria →

  sovereign state in West Africa

  • The FCT administration in Abuja manages civic life and order while supporting President Tinubu's development agenda.07:07
  • The Nigerian Senate has approved a bill regarding the creation of state police, while Bola Ahmed Tinubu transmitted the constitutional amendment bill to the Senate.05:35
• West Africa →

  westernmost region of the African continent

  • Nigeria is strengthening its response to human trafficking occurring across West Africa, with the Nigerian Embassy in Mali assisting victims.Tue 16:21
  • Dynacor, a corporation, is expanding its gold exploration and business operations across Peru, West Africa, and Latin America.Tue 15:52

Related events

• Abandoned projects in Nigeria are wasting billions of naira, highlighting issues with government spending.Sun 01:35
• Nigeria is one of Africa's largest economies, and Tinubu has declared a war on graft, while also facing issues of elite money laundering.Sep 23
• Peter Obi's campaign proposed strengthening the naira, which was met with criticism from an APC member.Fri 18:37
• An economic summit took place in Abuja, Nigeria, where Nigeria's difficulties competing due to high production costs were discussed.Fri 07:17
• The state government in Ebonyi State spent billions of naira.Mon 22:10