Business
The rhythm of Nigeria's business world
Categories
Trending articles
-
Article 'EFCC, INTERPOL Hunt Down CBEX Fraudsters After ₦1.3 Trillion Ponzi Collapse'- Nigeria News
Comments: 0 -
-
-
-
Article 'Despite Price Hike, Nigeria Remains 13th in the World for Low Petrol Costs'- Nigeria News
Comments: 0
Latest comments
-
-
Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
- akeri akpokabowei
![Today's Naira Rate [25-02-2025]: Naira Strengthens in Parallel Market, Closes at N1,500/$](/data/attachments/213/213820-33629599deb2b4733651256db6caa0ff.jpg?hash=FXjrHIaYd4)
The naira surged to a seven-month high, appreciating to N1,500 per dollar in the parallel market, driven by increased dollar supply. Meanwhile, the official exchange rate depreciated slightly to N1,504 per dollar, narrowing the gap to N4 per dollar. Experts predict continued stability if market...
MultiChoice Nigeria has announced a price increase for DStv and GOtv subscriptions, effective March 1, 2025. The company attributes the hike to inflation and naira depreciation. The adjustment affects all packages, with DStv Premium rising to ₦44,500 and GOtv Supa Plus now ₦16,800, sparking...
Air Peace CEO Allen Onyema has hailed the Ekiti State Airport as one of the best globally, praising its modern infrastructure and ability to handle large aircraft. He emphasized its economic potential, while state officials highlighted its readiness for full commercial operations and its role in...
The Federation Account Allocation Committee (FAAC) has indefinitely postponed its February 2025 meeting. The delay raises concerns about revenue allocation to federal, state, and local governments. No reason was given, but a new date will be announced later. Stakeholders worry about financial...
Atedo Peterside warns that Nigerian elites risk normalizing deceit if historical truths are distorted. Reacting to IBB’s autobiography on June 12, 1993, he stresses the need for integrity in leadership. He urges new elder statesmen to uphold truth, emphasizing that the "ghost of June 12" still...
DStv is set to increase its Compact bouquet subscription from ₦15,700 to ₦19,000, alongside hikes in other packages. MultiChoice cites rising inflation, naira depreciation, and energy costs as reasons. Subscribers may react negatively, given previous price hikes amid economic hardship. The new...
The Dangote Refinery has assured Nigerians that it has enough fuel to meet local demand, with over 500 million litres in reserve. Aliko Dangote confirmed that the refinery will reach full capacity next month, producing high-quality fuel for both Nigeria and export across Africa. Zambia is...
Former military ruler Ibrahim Babangida reveals how his administration enlisted top economists and technocrats, including Prof Ojetunji Aboyade and Dr Chu Okongwu, to implement economic reforms. His autobiography details the Structural Adjustment Programme (SAP), privatization efforts, and the...
Minister of Works, David Umahi, has announced that the first 30km of the Lagos-Calabar coastal highway will be completed by May. Despite initial setbacks, construction progress is on track. He also revealed plans to cut costs by reducing bridge construction and emphasized President Tinubu’s...
The Central Bank of Nigeria (CBN) has spent $8 billion defending the Naira against the dollar, according to economist Bismarck Rewane. Despite this, inflation remains a concern, with many Nigerians questioning its reported decline. Experts warn of potential economic risks if CBN's foreign...
The Nigerian government plans to scrap the visa-on-arrival policy, replacing it with landing and exit cards to enhance border security. Interior Minister Olubunmi Tunji-Ojo said the new system will integrate with global security databases, preventing undocumented entries. The reforms will take...
![Today's Naira Rate [21-02-2025]: Naira Strengthens to N1,530/$ in Parallel Market, Weakens in Official Window](/data/attachments/213/213735-59447ed15c8e64d936598e5ef33acf88.jpg?hash=bRaHhFf4n0)
Nigeria
Today's Naira Rate [21-02-2025]: Naira Strengthens to N1,530/$ in Parallel Market, Weakens in Official Window
The Naira appreciated to N1,530/$ in the parallel market, gaining from N1,540/$ recorded on Thursday. However, it depreciated to N1,502.5/$ in the official market, widening forex volatility. The margin between the two rates narrowed to N27.5 as CBN policies influence market trends amid...
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.