Business
The rhythm of Nigeria's business world
Categories
Trending articles
-
-
Article 'Why the New National ID Card Will No Longer Be Free for Nigerians - NIMC'- Nigeria News
Comments: 0 -
Article 'Auditor-General Uncovers N197.72bn Contract Fraud in Nigerian MDAs'- Nigeria News
Comments: 0 -
-
Article 'Dangote Refinery Eyes 650,000 Barrels Per Day with Billions in Funding'- Nigeria News
Comments: 0
Latest comments
-
-
Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
- akeri akpokabowei
South African Johann Rupert has surpassed Nigerian Aliko Dangote to become Africa’s richest person, with a net worth of $13.65 billion. Rupert’s wealth surged due to gains in luxury goods, while Dangote's fortune declined due to the Naira's devaluation. Rupert is now ranked 154th globally.
In a...
The FCCPC has accused Coca-Cola Nigeria and the Nigerian Bottling Company of misleading consumers with deceptive marketing practices related to the "Original Taste, Less Sugar" variant. The companies face regulatory action for violating consumer protection laws.
The Federal Competition and...
WhatsApp may suspend its services in Nigeria after being fined $220 million by the FCCPC for data privacy violations. The commission's demands include stopping data sharing with Facebook without explicit consent, which WhatsApp says would make it impossible to operate in Nigeria or globally...
![Today's Naira Rate[01-08-2024]: Central Bank Urged to Enhance Interventions as Naira Recovers to N1,608.73](/data/attachments/206/206744-3c44473101cfdb95816e4fca0635f7db.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[01-08-2024]: Central Bank Urged to Enhance Interventions as Naira Recovers to N1,608.73
Naira recovers after a 62.81% rise in dollar supply at the official FX market. The currency gained 0.76% to N1,608.73 per dollar. Despite this, it remains volatile due to the high demand for dollars. BDC operators call for increased CBN interventions to stabilize the market.
The Nigerian Naira...
Nigerians accuse MTN of network disruptions on the day of the #EndBadGovernanceInNigeria protests, suspecting sabotage to hinder communication. Social media is abuzz with complaints about connectivity issues, with some calling for a boycott of MTN services. The company denies intentional...
Femi Otedola supports Nigeria's windfall tax on banks, advocating for the use of funds to improve public services like healthcare and education. He criticized banks' $50 million annual spending on private jets and emphasized the need for ethical reforms and a focus on operational efficiency and...
Chevron Nigeria is experiencing severe production disruptions due to Arik Air's suspension. The airline's grounding, caused by a $2.5 million debt case, has halted crucial airlift operations to oil fields, potentially reducing Nigeria's oil output by up to 200,000 barrels daily.
Chevron Nigeria...
MTN Nigeria reported a staggering N887.6 billion foreign exchange loss for H1 2024, up 95.2% from the previous year. Despite a 32.6% revenue increase, the naira's devaluation and high inflation severely impacted profitability, leading to a significant loss after tax and pressure on operational...
The Nigeria Customs Service has suspended import duties and taxes on essential food items to ease the burden of rising food prices. This measure, aimed at mitigating the impact of global inflation, is part of the Federal Government's efforts to make food more affordable for Nigerians.
The...
Nigerian government halts Arik Air operations, citing financial issues. The abrupt decision, made by Minister Festus Keyamo, affects passengers and the economy. Arik Air’s CEO decries the lack of prior notice and claims the action undermines ongoing legal processes.
The Nigerian government has...
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.