Search Results for: Central Bank of Nigeria
- News
Yakubu Gowon looted ‘half’ of Nigeria’s central bank and moved to London – UK Lawmaker
A member of the United Kingdom Parliament on Monday said former Nigerian leader Yakubu Gowon fleeced the country for half…
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Nigeria Central Bank Devalues Official Exchange Rate by 5.5%
The Nigerian central bank has devalued its official exchange rate by 5.5% to 381 naira to the dollar from 360…
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“Loan burden crushing Nigeria’s economy” — Atiku
Former Vice President Atiku Abubakar has once again criticized President Bola Tinubu for what he describes as an insatiable appetite…
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Nigeria’s inflation rises amid increasing food and petrol prices
Nigeria’s inflation rate climbed to 33.88% in October 2024, up from 32.70% recorded in September, according to the National Bureau…
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Nigerians to enjoy cheaper fuel as IPMAN, Dangote sign landmark agreement
Fuel prices in Nigeria may soon decrease following a new agreement between the Independent Petroleum Marketers Association of Nigeria (IPMAN)…
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Despite Nigeria’s petrol price hike, Dangote to export fuel to South Africa, Ghana, Angola, and more
The Dangote Refinery and Petrochemical is set to begin fuel exports to South Africa, Angola, and Namibia. A source told…
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Jonathan slams Emir Sanusi for saying Nigeria lost $49.8b during his administration
Former president of Nigeria, Goodluck Jonathan has refuted an allegation put forth by the 16th Emir of Kano, Muhammadu Sanusi…
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CBN slashes cybersecurity levy on bank transfers to 0.005%
Central Bank of Nigeria (CBN) slashes the cybersecurity levy on electronic transactions from the protested 0.5% to 0.005% in its…
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Nigeria’s external reserves rises to $424.68M
Nigeria’s external reserves saw a significant increase of $424.68 million between August 30 and September 10, indicating a positive shift…
- Entertainment News
Central Cee starts drinking palm wine after meeting Asake
UK rapper, Central Cee stuns many as he reveals he has started drinking palm wine due to the influence of…
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“Adapt to Tinubu’s policies, embrace cybersecurity levy” — Atiku’s ex-aide, Daniel Bwala urges Nigerians
Daniel Bwala, a lawyer and former spokesperson of the Atiku/Okowa Presidential Campaign Organisation, has called on Nigerians to embrace and…
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Nigerian banks close over 2 million accounts due to BVN, NIN requirements
Nigerian commercial banks closed around 2 million bank accounts in the first quarter of 2024, Q1’24. According to latest report,…
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CBN warns bank customers to stop using forex as collateral for Naira loans
The Central Bank of Nigeria (CBN) has issued a warning to bank customers, urging them to avoid using foreign currency…
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Nigerian Financial Intelligence Unit says “sports betting funding Boko Haram, other terrorist groups”
The Nigerian Financial Intelligence Unit, NFIU, has disclosed that terrorists’ organizations in Nigeria are being funded through global crowdfunding, online…
- Entertainment News
“Never been this afraid for my country” – Mabel Makun complains bitterly about Nigeria’s economy
Mabel Makun, wife to popular comedian, Ayo Makun has taken to her Instagram page to speak about the economic situation…
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Nigerian banks can now trade forex at any rate ― CBN
The Central Bank of Nigeria, CBN has given Nigerian commercial banks the go-ahead to freely trade foreign exchange at any…
