Tag: BDC

Top 5 Stories Of The Day | CBN Waives 2025 Licence Renewal Fee for all BDCs

CBN waives 2025 licence renewal fee for all BDCs Atiku predicts that Nigeria may lose its democracy IFC collaborates with five renewable energy firms to build mini-grid projects in Nigeria…

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SEC Considers Licensing Cryptocurrency Firms to Support Youths

Top 5 Stories Of The Day | SEC Considers Licensing Cryptocurrency Firms to Support Youths

SEC considers licensing cryptocurrency firms to support youths Local airlines ground 42 aircraft over lack of forex CBN takes credit for the recent reduction of inflation in the country 43…

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Opinion: Buhari Administration And The Use of Emergency Powers

By Abdul Ajia Oga Sonala Olumhense as usual aptly captured the Nigerian situation over the last 15 months under the Buhari administration in his latest article published on the 28th of…

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Dolapo Oni: Let’s not wait another 12 months to fix this Forex challenge

First a rant, then some suggestions. Changing the Nigerian exchange rate regime from a managed rate to a floating rate was never meant to solve all of Nigeria’s economic problems,…

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Shocker: ‘Looters hide money in uncompleted buildings’ – EFCC boss

Due to the ongoing anti-corruption war, looters now hide their stolen monies in uncompleted buildings instead of banks, says the Acting Chairman of the Economic and Financial Crimes Commission. Speaking…

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Forex: How Nigeria lost $10bn in 4 months to ‘unlicensed currency hawkers’

As a result of the limitations on forex by the federal government, Nigerian banks are reportedly redirecting dollar from licensed Bureaux De Change operators to unlicensed currency sellers in a…

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All hail the Bankers’ Governor!

by Tunji Andrews The emergence of Godwin Emiefele as the 11th governor of the central bank of Nigeria (CBN), marked the end of probably the most controversial CBN governorship in…

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Capitalization: CBN revokes licences of 236 Bureau de Change operators

by Emmanuel Okubenji The Central Bank of Nigeria (CBN) has revoked the operating licences of 236 Bureau de Change (BDCs) operators for their inability to meet the required capital for…

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