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According to posts on the website of the Economic and Financial Crime Commission, its operatives of the Uyo Zonal Command on Friday, May 17, 2024, arrested...
A circular recently released by the Central Bank of Nigeria, CBN, has directed Bureaux de Change, BDCs, specifying the terms of foreign exchange (FX) sales and...
Nigeria’s Central Bank has settled all the backlogs of foreign exchange to the tune of $7 billion, according to the Governor of CBN, Olayemi Cardoso This...
The Federal Government has threatened to sanction foreign airlines that fail to comply with the directive to release low inventory tickets within weeks. The Nigerian Civil...
In an effort to stem the tide of instability in the Nigerian exchange rate market, the Central Bank of Nigeria (CBN) has ordered that all banks...
The Dangote Group has expressed readiness to assist the Economic and Financial Crimes Commission, EFCC, in its investigations, following the commission’s visit to the company’s head...
The Economic and Financial Crimes Commission operatives on Thursday stormed the head office of Dangote Group in Lagos as they intensify probe of Foreign Exchange transactions...
A Coalition of Civil Society Organisations has called for understanding among Nigerians over the slight increase in fuel pump price, saying that prices are being determined...
By Emmanuel Otori Nigeria’s economy has been in a slump in recent months, owing to inflation, interest rates, public debt, and current account deficits. Nigeria’s inflation...
Again, the Nigerian naira currency is in free fall as it has slumped to N630 per United States dollar at the parallel market on Thursday making...
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