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Monday, June 14, 2021
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Why some rich Nigerians are financing Boko Haram, others – Buhari

President Muhammadu Buhari has stated that individuals who finance terrorism in various parts of the country do so to remain relevant. The president stated this...

180 Bureau De Change operators pay N.9bn fine to CBN for...

At least 180 Bureau De Change (BDC) operators nabbed by security operatives for alleged link to terrorism financing paid N900 million in penalties before...

Naira to now trade at N410/$1 as CBN adopts NAFEX rate

The Central Bank of Nigeria (CBN) has officially adopted the Nigerian autonomous foreign exchange (NAFEX) rate — weakening the naira by 8 per cent...

Naira crashes further against Dollar

Naira closed trading significantly weaker to the dollar at the official market on Tuesday. Data from the FMDQ Security Exchange showed the Naira closed at...

Ndume demands public trial for arrested 400 BDC operators funding Boko...

The Chairman, Senate Committee on Army, Senator Ali Ndume, has called on the Federal Government to expose all the over 400 Bureau De Change...

CBN to sanction banks over rejection of lower dollars note

The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) and Bureau De Change (BDC) operators to, henceforth, accept from their customers,...

REVEALED: Identities of Bureau De Change operators arrested for working with...

The identities of some Bureau De Change operators arrested for facilitating the transfer of money to Boko Haram terrorists have been revealed. In a report...

Over 400 businessmen nabbed for funding Boko Haram, bandits

About 400 businessmen have been, reportedly, arrested for allegedly funding Boko Haram insurgents and bandits. For over a decade, there has not been clear information...

CBN injects $5.62bn to defend naira

The Central Bank of Nigeria (CBN) injected $5.62bn into the foreign exchange market in the fourth quarter of 2020 as part of efforts to...

BREAKING: Naira crashes to N485/$1

In spite of the Central Bank of Nigeria (CBN) warning that forex speculators and hoarders will be punished, speculators have continued to stash dollars...

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