EFCC Raids Forex Black Markets In Abuja As Naira Falls
The Economic and Financial Crimes Commission, EFCC, on Tuesday, raided some black market forex offices in…
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Sustain Ban Of Forex For BDC Operators, MPC Members Tell CBN
Members of the Monetary Policy Committee of the Central Bank of Nigeria have advised the Central Bank of Nigeria…
Police Arrest Hacker, BDC Operators For ‘Stealing’ N1.8 Billion From Lagos Bank,…
The Police Special Fraud Unit (SFU) in Lagos State says it has arrested suspected hacker, Femi Salau, for…
Forex Market: CBN Provides $300m To BDCs, SMIS As Naira Remains Stable
The naira maintained a relatively stable trend following the resumption of dollar sales by the Central…
How To Save Naira From Further Depreciation—Experts
Nigeria has not been able to secure a consistent flow of foreign exchange to reposition the Naira as a…
EFCC Arraigns BDC Operator In Kano For Alleged N30m Fraud
A Bereau De Change (BDC) Operator, Aminu Ibrahim Idris, accused of N30m fraud, has been arraigned before Justice…
EFCC Arraigns BDC Operators Over Money Laundering Charges
Two Bureau de Change operators alleged to have laundered $1.6m were on Monday arraigned by the Economic and…
Forex Intervention: CBN Injects 268.4m, CNY 46.3m Into Retail SMIS
The Central Bank of Nigeria (CBN) on Friday, February 22, 2019, made an intervention of $268.4million in the retail…
CBN Boosts Forex Market With $210m
The Central Bank of Nigeria (CBN) has made a fresh injection of $210 million into the inter-bank foreign exchange…
CBN Injects Fresh $210m Into Forex Market
Various segments of Nigeria’s inter-bank foreign exchange market received a combined sum of $210 million from the…