BDC Operators Face Survival Crisis Amid Dollar Shortage and Regulatory Strain
Bureau De Change (BDC) operators across Nigeria are warning of an imminent industry collapse as prolonged foreign exchange shortages and regulatory pressures continue to...
Dr. George Elombi Sworn In as Afreximbank’s Fourth President and Chairman of the Board
Dr. George Elombi, a Cameroonian national and seasoned banking executive, has been officially sworn in as the fourth President and Chairman of the Board...
Nigerian Digital Lender Lidya Shuts Down After Raising $16.45 Million
Nigerian digital lending startup Lidya has officially shut down operations after nearly a decade in business, marking a dramatic fall for one of Africa’s...
FCMB Group Unveils ₦160 Billion Public Offer to Meet CBN’s Recapitalisation Requirement
First City Monument Bank (FCMB) Group Plc has announced details of its planned ₦160 billion public offer at the Nigerian Exchange Group (NGX) as...
CBN Raises ₦10.4 Trillion Through Treasury Bills in 2025 Despite Slight Decline from Previous Year
The Central Bank of Nigeria (CBN) has raised ₦10.4 trillion through Nigerian Treasury Bills (NTBs) in 2025, marking a marginal 1.09 percent decrease from...
