diff --git a/CHANGES.md b/CHANGES.md
index 98a49158..aed9354e 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,3 +1,7 @@
+# 7.8.1
+
+* Changes JWT library dependency from `nexmo-jwt-ruby` to `conage-jwt-ruby`. See PR [#251](https://github.com/Vonage/vonage-ruby-sdk/pull/251)
+
 # 7.8.0
 
 * Adds Voice NCCO Pay action. See PR [244](https://github.com/Vonage/vonage-ruby-sdk/pull/244)
diff --git a/lib/vonage/version.rb b/lib/vonage/version.rb
index d3081cd4..480825b7 100644
--- a/lib/vonage/version.rb
+++ b/lib/vonage/version.rb
@@ -1,5 +1,5 @@
 # typed: strong
 
 module Vonage
-  VERSION = '7.8.0'
+  VERSION = '7.8.1'
 end