CBN Plans to Restrict BDC Street Trading, Caps Cash Forex Purchase at $500
The Central Bank of Nigeria (CBN) is contemplating measures to prohibit Bureau De Change (BDC) operators from engaging in street ...
Saturday, May 16, 2026
Boko Haram destroys 330KVA power towers in Yobe
Boko Haram, the police command in Yobe State has disclosed a distressing development, revealing that suspected insurgents belonging to the ...
Army recovers 1m litres of stolen crude oil in Rivers
Nigerian Army forces, under the leadership of Brigadier General Eddie Effiong, have recently made significant strides in combating the rampant ...
“Helicopter was fireball before crash” – US NTSB shares update on Herbert Wigwe’s passing
According to the National Transportation Safety Board (NTSB) of the United States, Herbert Wigwe, the founder of Access Holdings Plc, ...
FG eyes 14 days for MSME loan disbursement
The Federal Government has said it is considering solutions that will ensure the disbursement of loans to Medium, Small, and ...
Safety engineers join fight against building collapse
The Nigerian Institution of Safety Engineers says it will join hands with the government to put an end to building ...
FG spends N177bn on wage awards in four months
The Federal Government has spent N177.4bn to offset payment of the wage award promised to civil servants in four months, ...
CBN Directs Customs to Use Official FX Rate for Import Duty
The Central Bank of Nigeria (CBN) has instructed the Nigerian Customs Service (NCS) to align the forex rate used for ...
CBN Considers Raising BDC Minimum Share Capital to N2 Billion for Tier 1 License
The Central Bank of Nigeria (CBN) is contemplating a substantial increase in the minimum share capital requirement for Bureau De ...
Egypt Secures $35 Billion Investment Deal from UAE as Nigeria Awaits
Egypt has made headlines with a groundbreaking $35 billion investment agreement with the United Arab Emirates (UAE) to develop the ...
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