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
![Today's Naira Rate[23-07-2014]: Naira Surges to N1,500.32/$ Amid Record Daily Gains and CBN Inflows](/data/attachments/206/206390-3c44473101cfdb95816e4fca0635f7db.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[23-07-2014]: Naira Surges to N1,500.32/$ Amid Record Daily Gains and CBN Inflows
The naira surged to N1,500.32/$, marking its best daily gain since March, driven by increased inflows from the CBN and anticipated interest rate hikes. The CBN's efforts, including a $106.5 million injection, aim to stabilize the currency amid rising inflation and economic challenges.
The naira...
Elon Musk shares his regret over approving puberty blockers for his transgender child, criticizes California's gender identity law, and announces the relocation of SpaceX headquarters to Texas. Musk condemns the manipulation of children during identity crises and vows to combat the “woke mind...
Heineken Lokpobiri, Nigeria's Minister of State for Petroleum Resources, met with Aliko Dangote and NMDPRA's Farouk Ahmed on July 22, 2024, to address issues affecting the Dangote Refinery. The meeting aimed to resolve conflicts and improve collaboration for the refinery's success and Nigeria's...
![Today's Naira Rate[22-07-2014]: Black Market USD to Naira Rate Hits ₦1,598](/data/attachments/206/206376-3c44473101cfdb95816e4fca0635f7db.jpg?hash=PERHMQHP25)
On July 22, 2024, the black market exchange rate for USD to NGN in Lagos is ₦1,590 buying and ₦1,598 selling. In contrast, the Central Bank of Nigeria sets its official rates at ₦1,584 buying and ₦1,585 selling. Rates may vary slightly due to market conditions.
On July 22, 2024, the black...
The IMF's latest report reveals the top African countries with the highest debts. Egypt leads with $10.2 billion, followed by Angola, Kenya, and Ghana. Nigeria ranks eighth with $1.23 billion. The report highlights the financial strain on these nations and the IMF's influential role in their...
Nigeria
House of Reps Launches Investigation into NMDPRA's Claims Against Local Refineries, Including Dangote
Nigeria's House of Representatives launches probe into claims of substandard petroleum products. Investigation to cover local refineries, including Dangote, amid dispute with NMDPRA. Comprehensive testing and stakeholder involvement are planned. Aims to address fuel quality concerns and restore...
President Bola Tinubu appoints former LASU Vice-Chancellor John Obafunwa as the new Director-General of the Nigerian Institute of Medical Research (NIMR), effective July 24. Obafunwa succeeds Babatunde Salako and brings extensive experience in forensic pathology and academic leadership to his...
Nigeria's MPC meeting on July 22-24 is expected to result in a mild rate hike amid high inflation. The naira faces pressure, potentially reaching N1,600/$. Key economic data releases and the FAAC disbursement report are anticipated. AIICO Insurance plans its AGM amidst these economic challenges...
Aliko Dangote offers to sell his 650,000 bpd oil refinery to NNPC Limited amid regulatory disputes and crude supply challenges. The $19 billion facility faces accusations of monopoly and fuel quality issues. Dangote expresses frustration with the business environment and halts plans for steel...
Billionaire Femi Otedola shared Aliko Dangote's statement on halting his steel investment, sparking social media reactions. Dangote criticized Nigeria's regulatory challenges, emphasizing the struggles faced by investors. The public expressed concern and amusement, highlighting the need for...
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.