Home Topics BDC

BDC

Ex-NAF chiefs’ alleged N21 billion fraud trial begins afresh

The trial of former Chief of Air Staff, Air Marshal Adesola Amosu, has begun afresh at the Federal High Court in Lagos.

Naira appreciates against dollar at I&E window

The Naira on Thursday appreciated against the dollar at the import and export (I&E) window in Lagos, exchanging at N360.99 to the dollar from the N361.18 it traded on Wednesday.
Dollar

ABCON: Fake $100 bills in circulation

The Association of Bureaux De Change Operators of Nigeria (ABCON) on Friday alerted members of the public about ongoing security investigation into fake $100 bills allegedly imported into Nigeria from India.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC arrests Atiku Abubakar’s associate over alleged laundering of $4 million

The Economic and Financial Crime Commission (EFCC) is reported to have arrested an associate of the Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, over alleged laundering of $4 million.

ABCON partners EFCC on campaign against money laundering

The Association of Bureaux De Change Operators of Nigeria and the Economic and Financial Crimes Commission have extended the campaign against money laundering and terrorism financing to Bureaux de Change operators at the Murtala Muhammed Airport 2 (MM2), Lagos.

Naira closes at N363.32 to dollar at investors window

The Naira on Wednesday closed at N363.32 to the dollar at the investors window, the News Agency of Nigeria (NAN) reports.

Naira loses marginally against dollar at parallel market

The Naira on Thursday lost marginally to the dollar at the parallel market in Lagos exchanging at N362.5, weaker than N362 traded on Wednesday.

Naira closes at N362.5 to dollar at I&E window

The Naira, on Wednesday, exchanged at N362.58 to the dollar at the investors window as investors traded a total of 334.34 million dollars at the close of business.

Waripamo-Owei Dudafa: I carried out ex-President Jonathan’s instructions on the alleged N1.6bn fraud

Former President Goodluck Jonathan’s ex-aide Dr. Waripamo-Owei Dudafa has urged the Federal High Court in Lagos to acquit him, stating that he was innocent of the N1.6 billion fraud charge filed against him by the Economic and Financial Crimes Commission (EFCC).

Central bank injects fresh $210 million in forex market

The Central Bank of Nigeria (CBN) yesterday intervened in the interbank sector of the foreign Exchange market, injecting $210 million into the wholesale segment and other sectors of the market.
Diamond Bank

Diamond Bank appoints Dele Babade acting chairman

Diamond Bank has announced the appointment of Mr. Dele Babade as its acting chairman.

Central bank injects $210 million into foreign exchange market

The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market.

Central bank injects $210 million to boost forex market

The Central Bank of Nigeria (CBN), in continuation of its intervention in the foreign exchange market, has injected another sum of $210 million to boost sales in the inter-bank segment of the market.

Central bank opens December sale with $210 million

In its first intervention in the foreign exchange market for December, the Central Bank of Nigeria (CBN) yesterday injected the sum of $210 million in the inter-bank foreign exchange market.
china yuan dollar

Central bank injects $331.22 million, CNY51.86 million into retail secondary market

The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total of $331.22 million in that segment of the market, in addition to CNY51.86 million in the spot and short-tenored forwards segment.

Central bank to boost forex sale after naira eases on black market

The Nigerian central bank plans to boost its dollar sales to exchange bureaus after the currency weakened sharply on the black market.

Naira crashes further against dollar at parallel market

The Naira on Thursday depreciated at the parallel market, exchanging at N368 to the dollar.

Naira gains against dollar at investor’s window

The Naira on Wednesday gained 70 kobo to exchange at N364.15 to the dollar at the investor’s window, the News Agency of Nigeria (NAN) reports.

Recent Stories

The Senate has described as “erroneous” report that it approved fresh loan of N850 billion at the plenary on Tuesday.

Senate calls for quick diversification of economy, frowns against high cost of oil production

The upper chamber of the National Assembly has called on the federal government to quickly diversify the economy, following the high cost of oil production without commensurate result.

NMA: Nigerians may suffer if governors take over coronavirus management

The Nigerian Medical Association (NMA), has asked President Muhammadu Buhari not to allow states take full control of managing the COVID-19 pandemic saying Nigerians may suffer.
Secretary to the Government of the Federation (SGF) and Chairman of the PTF on COVID-19, Mr Boss Mustapha, who raised the concern on Thursday during the daily press briefing by the task force in Abuja.

Nigerian government says churches, mosques can reopen

The Federal Government has announced relaxation of restriction on gatherings in places of worship imposed as part of the guidelines to curb the spread of COVID-19 in the country.
Kidnap

Delta doctor abducted by gunmen in government hospital

Gunmen have abducted a resident doctor identified simply as Dr. Wisdom Iboyitete at Central Hospital, Ojobo in Burutu Local Government Area of Delta State.

Panic in Imo community as ‘herdsmen’ kill security operative

There is palpable fear in Umuanuma community in Aboh Mbaise Local Government Area of Imo State as suspected herdsmen murder a private security operative, Mr Hycinth Ikegwu, at about 6 am on Sunday while returning from work with his motorcycle.