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The Central Bank of Nigeria claimed that they attempted to control the annual inflation rate below 10%. In 2011, the CBN increased key interest rate six times, rising from 6.25% to 12%. On 31 January 2012, the CBN decided to maintain the key interest rate at 12%, in order to reduce the impact of inflation due to a reduction in fuel subsidies. [14]
News Central TV is a Nigerian independent 24-hour news and media television channel based in Lagos, Nigeria. The parent company, News Central Media, was founded in 2017 by Anthony Dara. It began broadcasting in August 2018. Its primary focus is producing news and current affairs programs on Nigerian and global issues.
The Tide is a Nigerian daily newspaper.It is the most widely circulated newspaper published in Port Harcourt, Rivers State and one of Nigeria's major newspapers. Owned and funded by the state, The Tide began printing operations on 1 December 1971 and has a digital version.
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TVC News is a Nigerian news 24-hour television news channel [4] based in Lagos. [5] The channel airs on British Sky Broadcasting Group Plc (BSKYb) in the UK , Naspers Ltd. (NPN)'s DStv and Startimes in Nigeria, and Multi TV in Ghana .
NewsOnline Nigeria is an independent online newspaper based in Nigeria. [ 1 ] [ 2 ] It was founded by Mr Mmadubugwu Nonso Justice, who serves as chairman and editor-in-chief of the NewsOnline Nigeria .
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. [3] The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country; promote monetary stability and a sound financial environment, and act as a banker of last resort ...