The Kano State Police Command has arrested 17 suspected forex hawkers for illegal operation of Bureau de Change. Spokesperson of the command, SP Abdullahi...
An application by the Economic and Financial Crimes Commission to freeze about 1,146 bank accounts belonging to individuals and companies over alleged unauthorised dealing in foreign...
The Central Bank of Nigeria (CBN) has directed four fintech companies to stop onboarding new customers until further notice. The four fintechs include OPay, Palmpay, Kuda...
Total inflows into the foreign exchange (forex) market rose by about 42 per cent in March to hit its highest level in the past five years...
Two days after its Monetary Policy Committee (MPC) meeting, the Central Bank of Nigeria has announced the inflow of $1.5 billion foreign exchange into the country. ...
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that $10,000 have been made available to each...
Former Deputy Governor of the Central Bank Nigeria (CBN), Kingsley Moghalu, has weighed in on Nigeria’s economic challenges, stating some actions he believes will help the...
The Bank of Ghana has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited and FBN Ghana Limited. In...
Justice Lewis Allagoa of a Federal High Court in Lagos, today March 4, struck out the charge against 19 Bureau De Change (BDC) Operators, following the...
The Kano State Police Command has arrested 9 suspected foreign exchange hawkers for illegal operation of Bureau De Change in the state. Spokesperson of the...
‘’The recent reported attacks and disruption of the business activities of Bureaux de Change (BDCs) operators in different urban centers across the country by Government Agencies,...
Are you considering becoming a forex trader? Congratulations! You are about to start your journey to investing in financial instruments and, if you are lucky,...
The Nigerian government has initiated its plan to block cryptocurrency trading platforms such as Binance, OctaFX, Coinbase and others in a bid to avert what it...
The Nigeria Police Force, the Economic and Financial Crimes Commission, the Nigeria Customs Service and the Nigeria Financial Intelligence Unit have been ordered by the National...