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From Inflated Gains to Relatable Pain: Why Nigeria’s Banks Are Bleeding Profits
Nigeria From Inflated Gains to Relatable Pain: Why Nigeria’s Banks Are Bleeding Profits
Nigerian Bulletin
1 min read
After basking in record profits last year, Nigeria’s biggest banks are now in a bind. A toxic mix of inflation, rising costs, and regulatory...
Identity Crisis: NIMC Hikes Fees for Name and DOB Corrections
Nigeria Identity Crisis: NIMC Hikes Fees for Name and DOB Corrections
Nigeria News
1 min read
4.00 star(s) 1 ratings
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Starting May 2, Nigerians will pay significantly more to update or correct their National Identification Number (NIN) records, as NIMC rolls out a...
Why the CBN’s ₦250m Fine on Paystack Has Sparked Controversy
Nigeria Why the CBN’s ₦250m Fine on Paystack Has Sparked Controversy
Nigeria News
1 min read
The Central Bank of Nigeria (CBN) has fined Paystack ₦250 million for running its Zap wallet without the required license—a move that has ignited...
Starlink’s Nigerian Price Hike: What You Need to Know
Nigeria Starlink’s Nigerian Price Hike: What You Need to Know
Nigeria News
1 min read
Starlink is increasing its monthly residential subscription in Nigeria to ₦57,000 starting May 30, 2025 — a move that revives tensions over...
Billionaire Boys Club Shrug Off Losses Under Trump’s Economic Roller Coaster Ride
Americas Billionaire Boys Club Shrug Off Losses Under Trump’s Economic Roller Coaster Ride
Nigeria News
2 min read
While many Nigerians struggle daily with inflation, fuel hikes, and unreliable power, U.S. billionaires are riding an economic roller...
NNPC Restructuring: Over 200 Staff Removed as Mele Kyari’s Allies Exit in Power Shift
Nigeria NNPC Restructuring: Over 200 Staff Removed as Mele Kyari’s Allies Exit in Power Shift
Nigeria News
1 min read
In a sweeping internal shake-up, the Nigerian National Petroleum Company (NNPC) has removed over 200 senior staff members, including key allies of...
Banks Hike SMS Charges as Telecom Tariffs Rise—Here’s Who Pays the Price
Nigeria Banks Hike SMS Charges as Telecom Tariffs Rise—Here’s Who Pays the Price
Nigeria News
1 min read
Starting May 1, Nigerian banks will increase SMS alert charges from ₦4 to ₦6 due to higher telecom tariffs. Customers now face higher transaction...
Today's Naira Rate [30-04-2025]: Naira Slides Again, Parallel Market Hits ₦1,615
Nigeria Today's Naira Rate [30-04-2025]: Naira Slides Again, Parallel Market Hits ₦1,615
Nigeria News
1 min read
The naira has dropped to ₦1,615/$ in the parallel market, reigniting concerns about Nigeria’s forex stability and rising cost of living. The...
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