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The Central Bank of Nigeria (CBN) has once again begun the sales of forex to Bureau De Change (BDC) operators in Nigeria, more than two years the apex bank stopped the sales of FX to BDCs. Recall that the CBN stopped the sales of forex to more than 4,000 BDCs operators on July 28, 2021,

Following the revocation of the operating licence of Eyowo, the digital bank said transactions on its platform had been halted and could last 24 to 72 hours for the issue to be resolved. This means that Eyowo customers will be unable to send or withdraw from their account, pending the time it sorts out the

In what can be described as upheaval in the financial sector, Nigeria’s apex bank on Monday, May 22, 2023, released a full list of microfinance banks whose operating licences were revoked. Three finance companies and four primary mortgage banks also lost their operating licence to the Central Bank of Nigeria (CBN), bringing the number to

Nigeria goes to polls on February 25, 2023, to elect a new president that will steer the affairs of the most populous African country. Out of 18 presidential candidates that have been cleared by the Independent National Electoral Commission (INEC), one of them stands out. That person is Asiwaju Bola Ahmed Tinubu (BAT). My choice

The Central Bank of Nigeria (CBN) has extended the deposit of old naira notes from January 31 to February 17, 2023. The initial deadline was Tuesday, January 31, 2023, which resulted in a chaotic situation at money deposit banks across Nigeria. In a press release by the CBN governor Mr Godwin Emefiele said he got