CBN excludes govts, banks, others from owning BDCs

CBN excludes govts, banks, others from owning BDCs

The Central Bank of Nigeria, CBN has excluded governments, commercial banks, merchant banks, Other Financial Institutions, OFIs , public officers among other parties from owning Bureau De Change (BDCs) directly or indirectly.
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Minster rues under-utilisation of FG’s investments in power sector

Minster rues under-utilisation of FG’s investments in power sector

By Ozioruva Aliu BENIN CITY – THE Minister of Power, Mr. Adebayo Adelabu, on Friday said despite the monumental investment of the Federal Government in the power sector, the sector had remained underutilized but said that hope is in sight as the president has given a mandate that would change the narrative in the sector. […]