Tag: BUREAU DE CHANGE
Bureau de change operators react after CBN decision
The Association of Bureaux De Change Operators of Nigeria (ABCON) on Thursday issued a statement, saying bureaux de change (BDCs) still provide foreign exchange...
CBN ends sale of forex to bureau de change operators
The Central Bank of Nigeria has ended the sale of forex to bureau de change operators in the country with immediate effect, the bank's...
8 more suspects arrested over killing of BDC operators in Ikorodu
The police in Lagos say they have arrested eight more suspects allegedly involved in the recent killing of a police sergeant and two bureau...
How two bureau de change operators died for N1.6m – Suspected...
Three suspected kidnappers who were said to be involved in the killing of two bureau de change operators in Ikorodu, Lagos, have narrated their...
Fani-Kayode joins call against criticising Igbo after UAE robbery
Former aviation minister, Femi Fani-Kayode, has joined the call against criticising the Igbo after five Nigerians were arrested in United Arab Emirate (UAE) for...
Igbo, other tribes trade words over UAE bureau de change robbers
Nigerians have been divided across ethnic lines as the Igbo
have begun defending themselves after being criticised collectively in respect
of the five Nigerians who were...
Naira depreciates against dollar at parallel market
The Naira on Monday depreciated against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.
The Nigerian currency lost...
Court orders arrest of police officer over Seun Egbegbe’s fraud case
The Federal High Court in Lagos has ordered the arrest of a police officer, Bello Abubakar, over what it described as poor handling of...
Court orders forfeiture of N450m found in bureau de change
The Federal High Court in Lagos on Wednesday ordered the temporary forfeiture of the sum of N449,750,000 the Economic and Financial Crimes Commission (EFCC)...
CBN boosts forex supply by $240m, directs banks to pay customers...
The Central Bank of Nigeria (CBN) on Monday released the sum of $90 million to meet requests for invisibles such as basic travel allowance,...