Movies

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

TV Shows

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Music

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Celebrity

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Scandals

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Drama

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Lifestyle

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Health

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Technology

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Company

Movies

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

TV Shows

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Music

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Celebrity

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Scandals

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Drama

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Lifestyle

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Health

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Technology

Saudi King, Crown Prince Send Condolences to Nigeria Over Buhari’s Death

In an official statement, the monarch expressed deep sorrow...

Best selling cars in Nigeria – 2024

In 2024, Nigeria’s auto market adjusted to a new...

Lagos LG Polls: A Sham Showing APC Game Plan for 2027, Says Labour Party

The National Caretaker Committee of the Labour Party (LP)...

Okpebholo Suspends Edoline Bus Commissioning Over Buhari’s Death

The Governor of Edo State, Senator Monday Okpebholo, has...

Thousands in Gombe Pray for Buhari’s Eternal Rest

The largest gathering took place near Pantami Township Stadium,...

Company

UrbanObserver

Wednesday, July 16, 2025

Top 5 This Week

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CBN Denies Deadline Extension for BDC Recapitalisation Programme

In a statement released on Wednesday, the Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, described reports of a deadline shift to December 31, 2025, as false and misleading. She urged the public and all stakeholders to disregard the circulating information.


“There has been no extension of the recapitalisation deadline for BDC operators beyond June 3, 2025,” she stated, reaffirming the CBN’s commitment to transparency and regulatory clarity.


Mrs. Sidi Ali further advised journalists, media organisations, and the public to rely solely on official sources—such as the CBN’s website and verified communication channels—for accurate updates on regulatory policies and directives.


The recapitalisation mandate is part of a broader effort introduced by the apex bank in February 2024 to reform Nigeria’s foreign exchange landscape.

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