Business
The rhythm of Nigeria's business world
Categories
Trending articles
-
Article 'FG Opens Recruitment for Federal Civil Service Positions – Deadline March 10, 2025'- Nigeria News
Comments: 0 -
Article 'FCSC Recruitment: Steps to Secure a Position in Nigeria’s Federal Civil Service'- Nigeria News
Comments: 0 -
-
Article 'FG Orders NIN, DOB, Photos on WAEC and NECO Certificates to Curb Fraud'- Nigeria News
Comments: 0 -
Article 'Nigeria to Establish Aircraft Manufacturing Hub, Keyamo Announces'- Nigeria News
Comments: 0
Latest comments
-
-
Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
- akeri akpokabowei
Nigeria’s petrol landing cost has dropped to ₦900.28 per litre, a 3.62% reduction from the previous ₦936.75. Despite this, the retail price remains at ₦1,060. Imported petrol, cheaper than domestically refined products, highlights concerns over local refining costs amid fluctuating crude oil...
President Bola Ahmed Tinubu has appointed Nwakuche Sylvester Ndidi as Acting Controller-General of the Nigerian Correctional Service, effective December 15, 2024. Ndidi, a seasoned professional with a proven track record, is tasked with driving reforms, improving staff training, and enhancing...
![Today's Naira Rate [13-12-2024]: Naira Depreciates by N68 in Parallel Market, Reaches N1,668/$](/data/attachments/211/211350-ab8e333dd43ebe3477e5b60cb8531367.jpg?hash=hFfFcRmkeL)
Nigeria
Today's Naira Rate [13-12-2024]: Naira Depreciates by N68 in Parallel Market, Reaches N1,668/$
The Naira has depreciated in the parallel market, trading at N1,668 per dollar on December 12, 2024, down from N1,600. Meanwhile, in the official market, the Naira appreciated to N1,534.6 per dollar. The widening gap between the parallel and official exchange rates poses challenges for Nigeria's...
Nigeria is set to receive a $500 million loan from the World Bank, aimed at enhancing rural access and agricultural marketing. This loan, part of the Rural Access and Agricultural Marketing Project (RAAMP), is the 10th secured under President Tinubu, despite concerns over the country's rising...
The Nigerian Senate has ordered the arrest of Julius Berger MD, Dr. Peer Lubasch, over abandoned projects and a controversial rise in contract costs. The Senate's decision follows the company’s failure to explain its involvement in the Odukpani-Itu Highway project despite receiving over N18...
Access Bank has agreed to acquire a 100% stake in South Africa's Bidvest Bank for $665 million in assets, enhancing its footprint in the Southern African market. The deal, set to close in 2025, supports Access Bank's expansion strategy and will foster regional economic integration and growth...
Nigeria’s Power Minister, Adebayo Adelabu, announces that 150MW will be added to the national grid before the end of 2024. This follows the successful pilot phase of the Presidential Power Initiative, with 750MW added to transmission capacity, addressing the country’s power grid challenges...
Nigeria has retained its position as Africa's top oil producer, with a rise in output to 1.48 million barrels per day in November 2024. The country's production surpassed Algeria and Congo, continuing its leadership in the African oil sector, according to OPEC and the Nigerian Upstream Petroleum...
![Today's Naira Rate [12-12-2024]: Naira Slips to N1,720/$ as FX Rate Gap Widens by N175](/data/attachments/211/211289-4523aaaef2728cb1682e6b0e5d6eacb3.jpg?hash=hFfFcRmkeL)
The naira depreciated to N1,720 per dollar in the parallel FX market on December 11, 2024, widening the gap between official and parallel rates to N175. This marks a continuation of the naira's decline, which has affected both markets amid economic uncertainty in Nigeria.
The naira has continued...
On December 11, 2024, WhatsApp, Instagram, and Facebook experienced a global outage, affecting millions of users. Meta confirmed the issue and assured users that services were being restored. The disruption sparked widespread frustration as users struggled to access messages and posts, with Meta...
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.