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Bureaux De Change
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.
The Economic and Financial Crimes Commission has arraigned three suspected fraudsters and their company before Justice Z.B. Abubakar of the Federal High Court sitting in Kaduna on two counts of conspiracy and fraud.
The strategic partnership between the Central Bank of Nigeria (CBN) and Association of Bureaux De Change Operators of Nigeria (ABCON) on foreign exchange (forex) supplies and sustenance of market integrity helped the naira’s stability in 2018.
Within a space of six months this year, the Central Bank of Nigeria (CBN) has so far expended about $20.91 billion to stabilise the naira at the various segments of the foreign exchange (forex) market.
Banks have placed a ‘Post no Debit’ notice on the accounts of some Bureaux de Change operators, demanding that they remit taxes on their transaction turnover.
The Naira on Tuesday converged at N360 to the dollar across the major foreign exchange market, the News Agency of Nigeria reports.
The Central Bank of Nigeria has made it mandatory for all the Bureau de Change operating in Nigeria to access Foreign Exchange from it thrice a week.
Ahead of the 2019 general elections, the President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has warned of a possible capital flight.
Dino Melaye, senator representing Kogi west, says Yahaya Bello, governor of Kogi state, will end up in prison for alleged corruption.
The Police command in Cross River State has arrested nine (9) suspected murderers and two cultists in the state.
Over 7,000 telecommunication masts and towers belonging to Global System for Mobile Communications (GSM) providers erected nationwide may soon be pulled down by the Nigerian Civil Aviation Authority (NCAA).
The Abuja Division of the Court of Appeal has fixed Wednesday for the hearing of the appeal filed by the Osun State Governor, Adegboyega Oyetola, and the All Progressives Congress (APC), against the judgment of the Governorship Election Petitions Tribunal.
Unknown gunmen have abducted two wives of permanent secretary in Taraba state deputy governor’s office.
Ahead of Kogi State governorship election scheduled for November, Kola Ologbondiyan, the National Publicity Secretary of the Peoples Democratic Party (PDP), Wednesday, boasted that the winning streak of the party in the just concluded governorship elections would be repeated in the state.
While Sudan President Omar al-Bashir was recently forced out of office following a military coup, Liberian President and three-time African footballer of the year George Weah has been forced out of his office by snakes.
The All Progressive Congress (APC), Sokoto State chapter, has appealed to the state government to curtail alleged political victimisation of civil servants in the state.
The representative of Osun Central Senatorial District, Sola Adeyeye, has revealed that senators earned as high as N20 million as monthly running cost under the leadership of David Mark as the President of the Senate.
Caleb International School Lagos, has dissociated itself from Lizzy, a drug abused teenager, whose story was circulated on the social media and currently at the Freedom Foundation Rehabilitation, Lekki.