Tinubu Government Declares End of FX and Fuel Subsidies in Nigeria
Tinubu Government has declared the end of FX and fuel subsidies in Nigeria. Newsone Nigeria reports that the Federal Government of ...
Tag: Central Bank of Nigeria
World Bank Says Naira Is Among Worst Performing Currencies in Africa
According to the World Bank, Naira is among Africa's worst-performing currencies. Newsone Nigeria reports that Nigeria's official legal tender, the Naira ...
CBN Approves Providus Bank and Unity Bank Merger
CBN has approved the Providus Bank and Unity Bank merger. Newsone Nigeria reports that the Central Bank of Nigeria (CBN) led by ...
CBN Orders Banks to Send Funds in Dormant Accounts, Unclaimed Balances to Apex Bank
CBN has directed banks to send funds in dormant accounts, and unclaimed balances to the apex bank. Newsone Nigeria reports that the ...
CBN Revokes Heritage Bank License Over Poor Financial Performance
CBN has revoked Heritage Bank License over poor financial performance. Newsone Nigeria reports that the Central Bank of Nigeria (CBN) led by ...
Again, Yemi Cardoso-Led CBN Raises Interest Rate to 26.25%
Yemi Cardoso-Led CBN has raised the Interest Rate to 26.25%. Newsone Nigeria reports that the Monetary Policy Committee of the Central Bank of Nigeria ...
Full List of 16 Banking Transactions Exempted from New CBN Cybersecurity Levy
The full list of 16 banking transactions exempted from the new CBN Cybersecurity Levy has emerged. Newsone Nigeria reports that the ...
Nigeria’s Inflation Jumps to 33.20% in March Under President Tinubu
Nigeria’s Inflation rose to 33.20% in March under President Tinubu. Newsone Nigeria reports that Nigeria’s inflation rate rose to 33.20 percent ...
Again, CBN Raises Interest Rate to 24.75% Under Yemi Cardoso
CBN has again raised the interest rate to 24.75% under Yemi Cardoso. Newsone Nigeria reports that the Monetary Policy Committee of ...
Dump Your Dollars To Avoid Tears – Presidency Warns FX Speculators
The Presidency has warned FX speculators amid ongoing exchange rate fluctuations. Newsone Nigeria reports that Bayo Onanuga, the Special Adviser on Information ...
