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Bureau De Change
The Central Bank of Nigeria (CBN) yesterday, injected the sum of $210 million into the inter-bank foreign exchange (forex) market.
Five Bureau de Change operators have been convicted and jailed for allegedly defrauding another BDC operator, the Managing Director of Dashad Bureau de Change, Alhaji Tayo, of $1 million.
The Naira appreciated marginally on Thursday at the parallel market in Lagos, exchanging at N358 to the dollar against N358.5 on Wednesday, gaining 50 kobo.
The Naira on Wednesday appreciated marginally against the dollar at the parallel market in Lagos, exchanging at N358.50 to the dollar.
The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in various segments of the market.
The Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange Market to sustain liquidity.
The Nigerian currency had traded at same rate for the past two days, while the Pound Sterling and the Euro closed at N480 and N421 respectively.
The Economic and Financial Crimes Commission (EFCC), on Monday revealed how Mohammed Gobir, a businessman and former boss of Kwara Hotels allegedly defrauded the Kwara government of N277million in 2013.
The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with $210 million to meet customers’ requests in various segments, Isaac Okorafor, Acting Director, Corporate Communications, said.
The Naira on Wednesday gained 50 kobo to firm against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.
The Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars to meet customers’ requests in various segments of the foreign exchange market.
A 41-year-old cleric, Segun Oyeniyi, is facing trial at a Tinubu Magistrate Court, Lagos, for allegedly defrauding a Bureau de change operator of N12 million.
As the Central Bank of Nigeria (CBN) at the weekendordered all Deposit Money Banks (DMBs) to sell forex to travellers over the counter, the Association of Bureaux De Change Operators of Nigeria (ABCON) has kicked against the order calling on the regulator to review BDC’s dollar purchase rate to align with rate commercial banks’ buying rate.
Authorities of Federal University of Technology, FUT, Minna, Niger State, has expelled a doctoral student, Olateju Ademola Mukaila, for plagiarism while three undergraduates were also expelled for overstaying in the institution.
Omoyele made his name at NNL side Osun United, where he scored 15 goals before he moved to champions Plateau United for this season to cool off interests from several other top NPFL sides.
Kwara State government has warned against vandalism and theft of streetlight cables and bulbs and other components of solar farm tunnels currently being built in Ilorin under the Light-Up Kwara (LUK) project.
A South Korean court on Friday sentenced impeached former President Park Geun Hye to a total of eight years in prison on top of the 24 years she already faces, in a verdict that found her guilty of accepting slush funds from the nation’s intelligence agency and interfering in an election.
Computed tomography (CT) or computerised axial tomography (CAT) scan may increase the risk of brain tumour, a research has found.
Free agent Joseph Akpala will no longer join up with KV Kortjik after he rejected an offer from the Belgian club.
The Office of the Secretary to the Government of the Federation has dissociated itself from claims that a former chairman of the Peoples Democratic Party, Senator Ali Modu-Sheriff, has been appointed the Director General of Buhari 2019 presidential support committee.
As activities gather momentum ahead of the 2019 general election, a political pressure group within the All Progressives Congress (APC) in Rivers State, the Rivers Unity House (RUH), has called on youths to engage in activities and programmes that will rescue the state from bad governance.
Deputy Ambassador of China to Nigeria, Mr Lin Jing, on Saturday, said Chinese-African economic partnership was imperative for a shared future.
US President Donald Trump, facing criticism that he failed to hold Russian leader Vladimir Putin to account at their Helsinki summit, claimed on Wednesday that no president has been as “tough” on Russia as he has.