Business
The rhythm of Nigeria's business world
Categories
Trending articles
-
Article 'CBN: Dangote Refinery to Lower Transportation Costs and Food Inflation'- Nigeria News
Comments: 0 -
-
Article 'CBN’s 27.25% Interest Rate Hike: How It Affects Inflation, SMEs, and the Naira'- Nigeria News
Comments: 0
![Today's Naira Rate[25-09-2024]: Naira Depreciates to N1,658.48 as CBN Raises Interest Rates for Fifth Time in 2024](/data/attachments/208/208624-4803cd99f027345ad0bd4f909c6fbdcc.jpg?hash=PERHMQHP25)
Latest comments
-
-
Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
- akeri akpokabowei
In mid-2024, African countries are grappling with high debt-to-GDP ratios due to excessive borrowing, economic mismanagement, and political instability. Eritrea, Sudan, and Zambia top the list, with debts exceeding their economic output.
In mid-2024, many African nations face mounting debt due...
![Today's Naira Rate [22-10-2024]: Naira Climbs to ₦1,715 in Parallel Market Amid Rising Dollar Trading Volume](/data/attachments/209/209423-060f268af27363b5a828adb57ad43123.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate [22-10-2024]: Naira Climbs to ₦1,715 in Parallel Market Amid Rising Dollar Trading Volume
The Naira appreciated in the parallel market, trading at ₦1,715 per dollar on October 21, while depreciating in the Nigerian Autonomous Foreign Exchange Market (NAFEM) to ₦1,603.16. Central Bank Governor Olayemi Cardoso highlighted the potential benefits of a weaker Naira for boosting exports...
MTN Nigeria's CEO, Karl Toriola, warns that banks could face disconnection from USSD services due to rising debts totaling N250 billion. He urges for urgent tariff adjustments to prevent dire consequences for the telecom industry, which is currently struggling with unsustainable financial...
Nigeria
Allen Onyema: Nigerians on X React as Business Day Deletes Post Alleging Airpeace CEO's Acquittal in the US
Nigerians on social media react to Business Day's deleted post about Air Peace CEO Allen Onyema's alleged acquittal in the US. Many confirm the story is outdated, sparking discussions on media responsibility.
Nigerians on social media platform X have been reacting to the sudden deletion of a...
The Dangote Group plans to withdraw its ₦100 billion lawsuit against NMDPRA and others after conciliatory talks initiated by President Bola Tinubu. The lawsuit, challenging import licenses granted to competitors, is deemed outdated by the group, which seeks to foster collaboration in Nigeria's...
Dangote Refinery has filed a lawsuit against the NMDPRA, seeking to annul import licenses granted to several companies for petroleum products already produced domestically. The refinery claims these actions undermine its operations, demanding N100 billion in damages and an injunction against...
The UK has responded to Nigeria's request for Air Peace to secure landing slots at Heathrow Airport. In a letter from Nigeria’s Minister of Aviation, Festus Keyamo, the UK expressed willingness to discuss slot allocation, aiming for equitable access during upcoming international aviation...
The District Court in Atlanta acquitted Allen Onyema, CEO of Air Peace, of business fraud after a thorough investigation, declaring no financial loss to banks. However, Ebony Mayfield, a former employee, received a $4,000 fine and probation after pleading guilty to a single count related to the...
Customers of Zenith Bank and GTBank are facing ongoing service issues weeks after their migration to new core banking systems. Reports of failed transactions and missing balances persist, causing frustration among users who are still unable to access their funds despite claims of restored...
The Global Energy Alliance for People and Planet (GEAPP), backed by Jeff Bezos and the Rockefeller Foundation, launched solar mini-grids in Nigeria to address electricity shortages. With funding for new solar projects and a $25 million support fund, the initiative aims to provide reliable power...
About Nigerian Bulletin
Nigerian Bulletin is your gateway to top news, specialized lifestyle topics, and a unique, curated marketplace. It connects Nigerians worldwide with crucial updates and opportunities and is ideal for engaging press releases, effective sponsored posts, banner ads, and product showcases.