CBN Debunks Report on BDC Recapitalisation Deadline The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December 31, 2025. The CBN, through its...

Hakama Sidi-Ali: Celebrating Women in Public Relations By Rahma Oladosu As we celebrate International Women’s Day, I find it compelling to pay tribute to one of the most recognizable female spokespersons in Nigeria’s financial sector, Hajia Hakama Sani-Sidi Ali. Her remarkable journey and accomplishments serve as...

CBN to Launch New Website Today The Central Bank of Nigeria (CBN) has announced the launch of its new website on Monday (today). In a statement signed by the acting Director of Corporate Communications, Sidi Ali, the bank said the new website will become operational on...

Recapitalisation: Banks May Consider Huge Dividend Payment – Expert Some analysts are projecting that banks may incentivise their shareholders with jumbo dividend payouts ahead of their capital-raising endeavours to meet the new requirements of the Central Bank of Nigeria. In March, Nigeria’s apex bank issued a...