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Stay updated with news from Nigeria and for Nigerians. Dive into the latest headlines tailored for the Naija spirit. Nigerian Bulletin is the voice of Nigeria in a changing world. Nigerian Bulletin is the voice of Nigeria in a changing world.
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Nigeria President Tinubu Set for Cabinet Reshuffle Ahead of October 1 Deadline
President Bola Tinubu is set to reshuffle his cabinet, according to Bayo Onanuga, Special Adviser on Information and Strategy. While no specific date has been announced, changes may occur before October 1st. The President urges ministers to better communicate their achievements to improve public... -
Nigeria CBN’s 27.25% Interest Rate Hike: How It Affects Inflation, SMEs, and the Naira
Nigeria's recent interest rate hike to 27.25% aims to curb inflation and stabilize the naira but poses challenges for businesses. The increased borrowing costs could reduce expansion and raise unemployment. Meanwhile, FX inflows may rise, stabilizing the naira, and savers benefit from higher... -
Nigeria Nigerian Anglican Leaders Slam Politicians, Including Tinubu, Over Widespread Corruption and Economic Hardship
The Anglican Church of Nigeria condemned corruption among political leaders, criticizing insensitive government policies causing severe hardship for citizens. In a recent meeting, church leaders expressed solidarity with protests against bad governance and called for a comprehensive...
Allegations of misconduct against Central Bank of Nigeria Governor Olayemi Cardoso and his deputies have surfaced, accusing them of misusing public funds and abusing their positions. With claims of extravagant allowances and improper hiring practices, calls for accountability are intensifying...
Rivers State has confirmed two cases of monkeypox (Mpox) as announced by Health Commissioner Dr. Adaeze Oreh. The state has activated its Public Health Emergency Operations Centre, deployed medical teams, and trained staff to combat the virus's spread and ensure prompt response to emergencies...
Abia State has confirmed its first monkeypox case and established a treatment center at the Abia State University Teaching Hospital in Aba. Officials reported one positive case among 13 suspected, urging residents to maintain hygiene and report any suspected cases promptly to prevent further...
Chinese investors have seized two guest houses linked to the Nigerian government in Liverpool, UK, to recover a $70 million arbitration award. The properties are set to be sold on eBay for $2.2 million, sparking concerns over Nigeria's management of its international assets.
Chinese investors...
Nigerian workers threaten to shut down the national grid and telecom services if NLC President Joe Ajaero is arrested over alleged terrorism financing links. Unions NUEE and NUPTE warn of immediate strikes, raising concerns about potential economic disruptions as tensions escalate ahead of a...
The Nigeria Labour Congress warns that implementing the new N70,000 minimum wage could face delays due to necessary adjustments, despite optimism for a rollout by the end of the month. Only seven of 36 states have set up implementation committees amid ongoing labor negotiations with the...
Peter Obi, Labour Party's presidential candidate for 2024, demands transparency from President Tinubu's administration regarding the new Airbus A330 presidential jet. He urges the government to disclose the purchase cost, the age of the aircraft, and details about the older jets being sold...
![Today's Naira Rate[21-08-2024]: Naira Weakens Further, Black Market Rates Reach N1,615 Per Dollar](/data/attachments/207/207447-212178087eb0d283118d468115956c78.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[21-08-2024]: Naira Weakens Further, Black Market Rates Reach N1,615 Per Dollar
The Naira dropped N27.58 against the dollar in just two days, reaching N1,592.06 at the official market. In the black market, it fell to N1,615. The Central Bank of Nigeria's recent interventions are under scrutiny as the currency continues to weaken amid inconsistent foreign exchange policies...
The Supreme Court of Ghana has dismissed a lawsuit challenging the constitutionality of laws criminalizing homosexuality, affirming that Ghana will not adopt foreign cultural norms. The court emphasized the importance of traditional family values and public morality in its unanimous ruling...
Nigerian singer Flavour N’abania asserts he does not identify as an Afrobeats artist, emphasizing his work as part of a broader category of African music. In a podcast, he criticized media focus on Afrobeats, calling for recognition of diverse African sounds and contributions from artists beyond...
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