Weekly update
Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
Bureau De Change
CBN denies claims of BDC recapitalisation deadline extension
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has refuted claims circulating in the media that it extended the...
Bread sold in markets failed laboratory test – NAFDAC
By Chioma Obinagwam NAFDAC, has revealed that bread sold in the markets is failing laboratory tests because producers are using saccharine due to...
Why CBN revoked operational licenses of 4,173 BDCs in Africa’s largest economy
By Chioma Obinagwam The apex monetary authority of Africa’s largest economy— Nigeria, the Central Bank of Nigeria (CBN), has revoked the licenses...
CBN stops sale of Forex to Bureau De Change operators
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) says it has stopped sale of foreign exchange (FX) to Bureau De Change (BDCs)...
CBN to begin dollars sale to BDCs on resumption of international flights
Central Bank of Nigeria (CBN) has said it would restart the auctioning of foreign exchange to bureau de change (BDC) operators once international...
CBN increases foreign exchange market by $210m
By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s apex bank, has said it injected $210 million into the inter-bank Foreign Exchange...
Forex market gets CBN’s $210m boost
CBN Governor, Godwin Emefiele By Chioma Obinagwam The CBN (Nigeria’s apex bank) in its efforts to meet the Foreign Exchange (FOREX) needs of...
Don't Miss
Arthur Stevens CEO Olatunde Amolegbe to Deliver Keynote on AI, digital economy at Business Journal annual lecture 2025
By Chioma Obinagwam Olatunde Amolegbe, Managing Director and CEO of Arthur Stevens Asset Management Limited, has been announced as the keynote speaker for...
Nigeria’s NDIC Gains Tougher Powers to Jail Directors Behind Bank Failures Under New 2023 Law
By Chioma Obinagwam The Nigeria Deposit Insurance Corporation (NDIC) has declared that individuals responsible for the collapse of banks can no longer escape...