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CBN unveils fresh guidelines for BDC operators accessing forex
Central Bank of Nigeria (CBN) has released new operational rules on how licensed Bureau de Change (BDC) operators can acquire foreign exchange from the market. In a circular signed by Aderinola Shonekan, the CBN’s Director of Trade and Exchange Department,…
Forex unification improved market liquidity – CBN Gov., as Nigeria’s external reserves reach $52bn
Nigeria’s external reserves surged to more than $52 billion as of July 15, 2026, according to Central Bank of Nigeria (CBN) Governor, Mr Olayemi Cardoso. According to Mr Cardoso, the country’s net reserves also increased significantly from about $3 billion…
Sterling Bank, StarTimes launch N2bn ‘Solar Financing Hubs’ nationwide to drive renewable energy transition
(From left): Darlington Nwankwo, the Divisional Head, Renewable Energy and Mobility, Sterling Bank; Eric Xiao, Vice President, StarTimes Nigeria, and Kelly Aigbedion, the Head, Renewable Energy, Sterling Bank at the launch of the Sterling Solar Financing Hub in Lagos, recently
