Another look at CBN’s new guidelines for BDC operations By Kayode Adebiyi, News Agency of Nigeria (NAN) Recently, the Central Bank of Nigeria (CBN) released draft revised guidelines that will help bolster the regulation of Bureau De Change (BDC) operations in the country. The apex bank was responding to theContinue Reading
By Kayode Adebiyi, News Agency of Nigeria (NAN) In a country that has its legal tender, it is surprising how the dollar and its exchange rate determine almost every transaction in Nigeria to the detriment of the local currency – the naira. More surprising is how the same foreign exchangeContinue Reading
By Joy Kaka A FCT High Court sitting in Kubwa has struck out the N1 billion suit brought against a former Minister of Justice and Attorney-General of the Federation, Abubakar Malami, while he was in office. Also sued was a civil servant, Ms Asabe Waziri and two others – theContinue Reading
PRESIDENT TINUBU, AMIR OF QATAR’S PACT TO SECURE THE FUTURE By Oche Echeija Egwa National dailies on Monday in Doha, Qatar, were awash with photos of President Bola Ahmed Tinubu’s visit, meetings with His Highness, Sheikh Tamim bin Hamad Al Thani, at the Presidential Palace, Amir Diwan, and the businessContinue Reading
Advocacy By Ibironke Ariyo The National Drug Law Enforcement Agency (NDLEA) has urged religious leaders, community heads, parents and other stakeholders to heighten advocacy on the dangers of drug abuse and trafficking. The FCT Commander of NDLEA, Mr Kabir Tsakuwa made the call on Thursday in Abuja during a pre-eventContinue Reading
By Ismail Abdulaziz The Federal Ministry of Agriculture and Food Security is in the final stages of releasing 42,000 metric tonnes of assorted food items to support the vulnerable populations across the country. Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy, disclosed this in a statementContinue Reading
By Ismail Abdulaziz, News Agency of Nigeria (NAN) Inspite of all efforts made by the Central Bank of Nigeria (CBN) to address the exchange rate volatility of the naira since the Bola Tinubu administration announced the floating of the Nigerian currency to peg the activities of unwholesome middlemen, stakeholders continueContinue Reading
By Cecilia Ologunagba The U.S. State of Georgia has honoured the Consul-General of Nigeria in Atlanta, Amb. Amina Smaila, for her efficient and unselfish dedication to public service to the state. The North American correspondent of the News Agency of Nigeria (NAN) reports that the House of Representatives ofContinue Reading
By Ismail Abdulaziz The Presidency has requested the Interpol National Central Bureau to place a Central Bank of Nigeria (CBN) staff and two others on its Red Notice. The request was in connection with their alleged conspiracy and forging of documents in the name of ex-president Muhammadu Buhari to stealContinue Reading
By Peter Okolie The Director-General of the National Emergency Management Agency (NEMA), Mr Mustapha Ahmed, has appealed to Nigerians to desist from illegal activities and vandalism of public infrastructure. Ahmed made the appeal on Friday during an on-the-spot assessment of the impact of Jan. 30 explosion in Ohaji/Egbema Local GovernmentContinue Reading
