CBN Mandates Existing BDCs to Reapply for New Licenses, Sets December Deadline Under New Guidelines
The Central Bank of Nigeria (CBN) has issued new guidelines for Bureau de Change (BDC) operators, mandating all existing BDCs to reapply for new...
FG to Launch Construction of 1,250 Housing Units in Four Northern States
The Federal Government is set to kick off the construction of 1,250 housing units across four northern states this week, marking the first phase...
Presidential CNG Initiative: Expanding CNG Accessibility in Lagos and Abuja
In a significant move to promote cleaner and more sustainable energy sources, the Nigerian government has rolled out the Presidential Compressed Natural Gas (CNG)...
Nigeria’s Central Bank Reverses Controversial Cybersecurity Levy on Electronic Transfers
In a sudden move, Nigeria's central bank has retracted a contentious 0.5% cybersecurity levy on electronic transfers, just three days before its scheduled implementation....
Government Considers Significant Reduction in Fuel Imports Amid Dangote’s Petrol Supply
The impending commencement of fuel supply by Dangote Petroleum Refinery in June is poised to reshape Nigeria's economic landscape, potentially slashing the country's hefty...