Trending News: Former UNILORIN VC, Prof. Ambali dies at 68From Survival to Habit: The Growing Culture of Street Begging in KanoKebbi farmers trapped as Bandits demand ₦40m access fee to farmlandsOyedele joins African leaders, investors at LSE eventGunmen abduct seven Polytechnic students in ZamfaraDataPro: Credit ratings, Liquidity drive growth in Nigeria’s commercial paper marketNIMC warns Nigerians against fake NIN correction portalInsurance key to economic growth, investor confidence — NAICOMNEMA lists 178 kano communities at flood risk in 2026NAICOM promotes Policyholders’ protection fund in AbiaTax Ombud vows quality service as Asagba honours President Tinubu’s appointeesGanduje fires back at Kwankwaso, demands respect for Gov. AbbaASKOJ urges members to uphold integrity, public interest reportingNAICOM approves first Insurtech operator in NigeriaFG declares two-day public holiday for Eid-el-AdhaNCS boosts Northern Media partnership on operational awarenessATAF drives $685m tax recovery amid Africa’s revenue crisisInsurers committee seeks stronger financial sector partnershipsCBN holds benchmark interest rate at 26.5%Shari’ah, divorce and danger of misdiagnosing the problemPolice raid Trafficking syndicate, arrest 13, rescue 30 foreignersEx-Power Minister Mamman falls into EFCC net after alleged evasionCustoms intercepts undeclared $461,600 at Kano AirportFG unveils Digital Tax Complaint system to boost transparency‘Don’t Push Me Too Far’ — Gov Yusuf confronts Kwankwaso over attacksAfreximbank, Egypt advance plans for 2026 meetings in AlameinOAGF intensifies IPPIS payroll reformsNigeria’s tax reforms targets global Competitiveness — OyedeleSEC taps data analytics to drive capital into NigeriaNMDPRA says Refineries near full capacityCBN seeks states’ support to curb inflationNigeria’s ICT directors unite to shape smart campus futureDataPro outlines key drivers of sovereign credit ratingsNAICOM, ECOWAS Brown Card Council deepen tiesFG moves to resolve contractor payment disputeNigeria’s Tax Ombud seeks IMF support to strengthen institutional capacityNwabueze urges journalists to sensitize citizens on fiscal reformsNAF publishes names of successful candidates onlineMiddle East war threatens energy supply, global growth — IMF, World Bank, IEAInsurance premiums hit N2.3tn as sector gains momentumNAICOM foils internal disruption attempt, defends welfare recordOndo Police probe man over killing of two sisters, daughterINEC raises alarm over digital impersonationGlobal tensions worsen Nigeria’s inflation pressures — EdunNAICOM unveils IPPF’s guidelines to safeguard insurance customersBank Recapitalisation: How Nigeria’s ₦4.65tn Capital Raise Signals a New Financial EraNigerian Doctors begin nationwide strike over unpaid allowancesFG budgets N135bn for election legal battles ahead of 2027 pollsPolice arrest 20-year-old ISWAP suspect in Kwara stateNSIA grows net assets to N4.88tn amid FX lossesOyedele: Africa must finance its own developmentCBN concludes banking sector recapitalisation, raises N4.65tnSEC DG seeks stronger collaboration to grow Nigeria’s capital marketGawuna resigns as FMBN chairman, set to defectJUST IN: Former Kaduna Governor El-Rufai loses motherDisu reshuffles senior officers to improve Police service deliverySEC, NOA launch nationwide Anti-Ponzi campaignEFCC evicts Malami, family from Abuja residenceTinubu approves posting of 65 ambassadors to foreign missions, UNTinubu announces OPL 245 settlementAfCFTA to fast track Nigeria’s $1trn economy – OlutayoFG signs presumptive Tax rules to broaden Tax baseCCC, YADI push ranching reform as solution to farmer–herder crisisTinubu nominates Oyedele as minister of state for financeOAGF begins February salaries, cites system glitchNAICOM, BPP partner on Insurance compliance in procurementFG halts NNPC deductions as executive order 9 takes effectNigeria’s GDP grows by 4.07% in Q4 2025 — NBSNAICOM, NCGC move to boost MSME, consumer financingMISR Insurance eyes Nigeria’s post-reform marketFG directs MDAs to follow procurement ActTinubu orders overhaul of Oil, Gas revenue remittancesCardoso calls on African Central Banks to back Climate-Resilient growthSMEDAN launches GROW fund schemeLagos Gov’t, Tax Ombud partner to boost IGRRamadan crescent sighted in Nigeria, fasting begins wednesday — SultanateSinger Market Fire: ₦5bn properties lost, seven missingTribute to Ahmed Hassan SamailaNAICOM unveils new insurance reforms, pledges transparencySEC, NOA partner against investment scamsTinubu hails BOI over ₦636bn loan disbursement in 2025Tinubu nominates Ismail Abba Yusuf as NAHCON chairmanTinubu names new NEMSA CEO, reconstitutes boardNAHCON chairman Pakistan resigns amid internal crisisExperts advocate structured Islamic estate planning to safeguard families’ wealthCourt seals NNPC depot, others in Kano over sanitation breachesShettima visits Kwara after Woro massacreTinubu unveils Halal strategy to tap $7.7tn global marketEx-NEXIM MD Robert Orya gets 490 years for ₦2.4bn fraudCardoso meets British investors on financial sector reformsPenCom to launch online RSA data recapture platformPenCom approves major NSITF pension increaseIMPR lauds establishment of Tax Ombudsman, pledges strategic media supportFG plots disputed oil, gas wells to resolve ownership claimsDangote refinery raises petrol price to N799/litreCustoms records ₦7.28tn revenue in 2025NDIC, EFCC partner to tackle bank fraud, boost asset recoveryFG concessions Enugu airport to boost South-East economyGov Yusuf vows to prioritise ‘Kano Agenda’Tax Ombud assures taxpayers of fair treatment, improved compliance
Mon. Jun 8th, 2026
Trending News: Former UNILORIN VC, Prof. Ambali dies at 68From Survival to Habit: The Growing Culture of Street Begging in KanoKebbi farmers trapped as Bandits demand ₦40m access fee to farmlandsOyedele joins African leaders, investors at LSE eventGunmen abduct seven Polytechnic students in ZamfaraDataPro: Credit ratings, Liquidity drive growth in Nigeria’s commercial paper marketNIMC warns Nigerians against fake NIN correction portalInsurance key to economic growth, investor confidence — NAICOMNEMA lists 178 kano communities at flood risk in 2026NAICOM promotes Policyholders’ protection fund in AbiaTax Ombud vows quality service as Asagba honours President Tinubu’s appointeesGanduje fires back at Kwankwaso, demands respect for Gov. AbbaASKOJ urges members to uphold integrity, public interest reportingNAICOM approves first Insurtech operator in NigeriaFG declares two-day public holiday for Eid-el-AdhaNCS boosts Northern Media partnership on operational awarenessATAF drives $685m tax recovery amid Africa’s revenue crisisInsurers committee seeks stronger financial sector partnershipsCBN holds benchmark interest rate at 26.5%Shari’ah, divorce and danger of misdiagnosing the problemPolice raid Trafficking syndicate, arrest 13, rescue 30 foreignersEx-Power Minister Mamman falls into EFCC net after alleged evasionCustoms intercepts undeclared $461,600 at Kano AirportFG unveils Digital Tax Complaint system to boost transparency‘Don’t Push Me Too Far’ — Gov Yusuf confronts Kwankwaso over attacksAfreximbank, Egypt advance plans for 2026 meetings in AlameinOAGF intensifies IPPIS payroll reformsNigeria’s tax reforms targets global Competitiveness — OyedeleSEC taps data analytics to drive capital into NigeriaNMDPRA says Refineries near full capacityCBN seeks states’ support to curb inflationNigeria’s ICT directors unite to shape smart campus futureDataPro outlines key drivers of sovereign credit ratingsNAICOM, ECOWAS Brown Card Council deepen tiesFG moves to resolve contractor payment disputeNigeria’s Tax Ombud seeks IMF support to strengthen institutional capacityNwabueze urges journalists to sensitize citizens on fiscal reformsNAF publishes names of successful candidates onlineMiddle East war threatens energy supply, global growth — IMF, World Bank, IEAInsurance premiums hit N2.3tn as sector gains momentumNAICOM foils internal disruption attempt, defends welfare recordOndo Police probe man over killing of two sisters, daughterINEC raises alarm over digital impersonationGlobal tensions worsen Nigeria’s inflation pressures — EdunNAICOM unveils IPPF’s guidelines to safeguard insurance customersBank Recapitalisation: How Nigeria’s ₦4.65tn Capital Raise Signals a New Financial EraNigerian Doctors begin nationwide strike over unpaid allowancesFG budgets N135bn for election legal battles ahead of 2027 pollsPolice arrest 20-year-old ISWAP suspect in Kwara stateNSIA grows net assets to N4.88tn amid FX lossesOyedele: Africa must finance its own developmentCBN concludes banking sector recapitalisation, raises N4.65tnSEC DG seeks stronger collaboration to grow Nigeria’s capital marketGawuna resigns as FMBN chairman, set to defectJUST IN: Former Kaduna Governor El-Rufai loses motherDisu reshuffles senior officers to improve Police service deliverySEC, NOA launch nationwide Anti-Ponzi campaignEFCC evicts Malami, family from Abuja residenceTinubu approves posting of 65 ambassadors to foreign missions, UNTinubu announces OPL 245 settlementAfCFTA to fast track Nigeria’s $1trn economy – OlutayoFG signs presumptive Tax rules to broaden Tax baseCCC, YADI push ranching reform as solution to farmer–herder crisisTinubu nominates Oyedele as minister of state for financeOAGF begins February salaries, cites system glitchNAICOM, BPP partner on Insurance compliance in procurementFG halts NNPC deductions as executive order 9 takes effectNigeria’s GDP grows by 4.07% in Q4 2025 — NBSNAICOM, NCGC move to boost MSME, consumer financingMISR Insurance eyes Nigeria’s post-reform marketFG directs MDAs to follow procurement ActTinubu orders overhaul of Oil, Gas revenue remittancesCardoso calls on African Central Banks to back Climate-Resilient growthSMEDAN launches GROW fund schemeLagos Gov’t, Tax Ombud partner to boost IGRRamadan crescent sighted in Nigeria, fasting begins wednesday — SultanateSinger Market Fire: ₦5bn properties lost, seven missingTribute to Ahmed Hassan SamailaNAICOM unveils new insurance reforms, pledges transparencySEC, NOA partner against investment scamsTinubu hails BOI over ₦636bn loan disbursement in 2025Tinubu nominates Ismail Abba Yusuf as NAHCON chairmanTinubu names new NEMSA CEO, reconstitutes boardNAHCON chairman Pakistan resigns amid internal crisisExperts advocate structured Islamic estate planning to safeguard families’ wealthCourt seals NNPC depot, others in Kano over sanitation breachesShettima visits Kwara after Woro massacreTinubu unveils Halal strategy to tap $7.7tn global marketEx-NEXIM MD Robert Orya gets 490 years for ₦2.4bn fraudCardoso meets British investors on financial sector reformsPenCom to launch online RSA data recapture platformPenCom approves major NSITF pension increaseIMPR lauds establishment of Tax Ombudsman, pledges strategic media supportFG plots disputed oil, gas wells to resolve ownership claimsDangote refinery raises petrol price to N799/litreCustoms records ₦7.28tn revenue in 2025NDIC, EFCC partner to tackle bank fraud, boost asset recoveryFG concessions Enugu airport to boost South-East economyGov Yusuf vows to prioritise ‘Kano Agenda’Tax Ombud assures taxpayers of fair treatment, improved compliance
Mon. Jun 8th, 2026

CBN approves 82 new BDCs under revised 2024 guidelines

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Barbara Bako, Abuja.

The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureau De Change (BDC) operators following the implementation of the revised Regulatory and Supervisory Guidelines for Bureaux De Change Operations in Nigeria 2024.…

The licences, which took effect on November 27, 2025, were issued under the powers of the Bank and Other Financial Institutions Act (BOFIA) 2020.

Rrad also:Jaiz Bank leads Africa as first IILM primary dealer

In a statement on Monday, signed by the Acting Director, Corporate Communications of the CBN Hakama Sidi Ali, said only the BDCs listed on its website are authorised to operate from the effective date.

The bank also assured that the list of duly licensed BDCs will be updated regularly on its website for public verification.

The apex bank warned Nigerians against dealing with unlicensed foreign exchange operators, stressing that operating a BDC without approval is a punishable offence under Section 57(1) of BOFIA 2020.

“Members of the public are hereby advised to note and be guided accordingly,” the statement  added.

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