Arise Business Analyst Chika Mbonu discussed the approval of 82 BDCs (Bureau De Change) operators in Nigeria and the FX reserves reaching $45 billion. KSBC JOURNAL delivers business and market news, d...
Nigeria’s Corporate Affairs Commission (CAC) has ordered all point-of-sale (POS) operators to register their businesses before January 1, 2026, or risk having their terminals seized. The move marks th...
Arise Business Analyst, Chika Mbonu discussed Nigeria’s records of $6.8 billion balance of payment surplus today on the Global Business report with Rotus. Share your thoughts in the comments aft...
On the back of tightening stance by the Central Bank of Nigeria (CBN), average prime lending rate to bank customers in Nigeria closed June 2025 at 18.19 per cent from 17.96 per cent in May 2025. The M...
In a wait-and-see approach, the Central Bank of Nigeria (CBN) on Tuesday retained its benchmark interest rate, known as the Monetary Policy Rate (MPR), at 27.5 percent, despite slowing inflation and s...
Here are the seven top business stories you need to track this week — July 21 to July 25. CBN TO HOLD MPC MEETING JULY 21 The Central Bank of Nigeria (CBN) says it will hold its monetary policy commit...
The Central Bank of Nigeria (CBN) has clarified speculations about hidden charges on the newly launched Non-Resident Bank Verification Number (NRBVN) platform. In a recent release, the CBN stated that...
The Central Bank of Nigeria has directed banks to submit a capital restoration plan as part of regulatory efforts to support the exit from the forbearance regime. In a circular signed by the CBN Direc...
