BDCs Struggle to Meet Recapitalization Deadline Despite Central Bank Extension
Bureau De Change operators have failed to meet the N2bn recapitalisation requirement, despite a recent extension granted in December.
Nigeria News Summarised. No annoying ads!
Bureau De Change operators have failed to meet the N2bn recapitalisation requirement, despite a recent extension granted in December.
The Edo State Governorship Election Petition Tribunal resumes its sitting today, with the Peoples Democratic Party (PDP) expressing confidence in their case. The PDP is expected to present its arguments as the tribunal hears petitions challenging the outcome of the September 21, 2024, governorship election.
The Central Bank of Nigeria's Monetary Policy Committee is expected to maintain its current stance for most of 2025, according to a projection by Meristem Securities.
Nigeria's telecom sector is facing a significant threat from rising operating costs, including increasing fuel, power, and labor expenses. The surge in these costs has become overwhelming for most businesses in the country over the past two to three years.