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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 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... -
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...
Victor Osimhen is reportedly leaning towards a lucrative move to Al Ahli, with the Saudi club offering a ₦53 billion annual salary. Despite interest from Chelsea and PSG, the Napoli star may choose financial security, influenced by Brown Ideye's advice. Negotiations are ongoing, with a decision...
![Today's Naira Rate[28-08-2024]: Naira Continues Decline, Black Market Dollar Rate Reaches ₦1,605 Today](/data/attachments/207/207709-c7c73d7caf96c48d419438aead43e427.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[28-08-2024]: Naira Continues Decline, Black Market Dollar Rate Reaches ₦1,605 Today
The black market exchange rate for the U.S. dollar to the Nigerian naira is ₦1,605 for buying and ₦1,615 for selling as of August 28, 2024. This rate highlights the naira's depreciation against the dollar, exacerbating economic challenges in Nigeria amidst ongoing forex market volatility.
As of...
![Today's Naira Rate[28-08-2024]: Naira Continues Decline, Black Market Dollar Rate Reaches ₦1,605 Today](/data/attachments/207/207708-ae57b27e1dd4fda0ec2c2ca1a0a00e0f.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[28-08-2024]: Naira Continues Decline, Black Market Dollar Rate Reaches ₦1,605 Today
The black market exchange rate for the U.S. dollar to the Nigerian naira is ₦1,605 for buying and ₦1,615 for selling as of August 28, 2024. This rate highlights the naira's depreciation against the dollar, exacerbating economic challenges in Nigeria amidst ongoing forex market volatility.
As of...
The Nigerian Communications Commission (NCC) has extended the SIM-NIN linkage deadline to September 14, 2024, with 153 million SIMs already linked to National Identity Numbers. The extension provides additional time for Nigerians to comply, aiming to enhance digital identity management and...
Bode George, former PDP Deputy National Chairman, advised Atiku Abubakar to postpone his presidential ambitions until 2031, citing the need for a southern president and adherence to party rules. George emphasized fairness and the importance of leadership transition, especially as Atiku...
![[VIDEO] VeryDarkMan Pleads with Davido: Free Dammy Krane from Prison](/data/attachments/207/207705-af452513ba499636564047dc1c4c49e0.jpg?hash=lK6e2b-fE5)
VeryDarkMan appeals to Nigerian artist Davido to release Dammy Krane from prison, claiming that Krane was arrested after being accused by Davido. VDM urges Davido to show mercy despite their rocky relationship, calling for a second chance for Krane and emphasizing the need for justice and...
Nigerian artist Davido has called for prayers for video director TG Omori, who revealed he is suffering from kidney failure. The announcement has prompted an outpouring of support from fans and celebrities, with many sharing messages of hope and emphasizing the importance of health and healing...
Interpol's "Operation Jackal III" has dismantled the notorious Black Axe criminal network, arresting over 300 individuals across 21 countries. This operation, targeting advanced cyber-enabled financial fraud and other serious crimes, emphasizes the need for international cooperation and advanced...
The Nigeria Labour Congress (NLC) has announced a nationwide peaceful prayer procession on August 29, 2024, to show solidarity with President Joe Ajaero, who has been summoned by the police on serious allegations. The NLC emphasizes maintaining peace during the procession and warns of a...
AMCON plans to sell the Ibadan Electricity Distribution Company (IBEDC) to financially strong investors to enhance its efficiency and improve Nigeria's power sector. The sale follows AMCON's 2022 takeover due to insolvency. The move aims to attract investors capable of significant financial...
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