NIGERIA — The Economic and Financial Crimes Commission (EFCC) has apprehended over 200 suspects across various states in Nigeria in a sweeping crackdown on forex scams and currency manipulation. The arrests primarily target Bureau De Change (BDC) operators allegedly involved in fraudulent activities affecting the nations financial markets... dailytimesng.com
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Tue May 20 2025 13:49:50 GMT+0000 (Coordinated Universal Time)
• CBN has spent $581 million on forex interventions at the Nigeria Autonomous Foreign Exchange Market - FMDQ
• Central Bank of Nigeria has banned the use of foreign currency-denominated collaterals for naira loans
• Ex Rivers State Governor Nyesom Wike (Now FCT Minister) Receives Godswill Akpabio the Senate President of Nigeria at His Residence in Abuja on Tuesday 18th, March 2025 - Photo News
• Nigerian President Bola Tinubu Receives N705 Millionaire Naira Donation from House of Representative Led by Speaker Tajudeen Abbas and Deputy Speaker Benjamin Kalu - Photo News
• Naira Exchange Rate - Conversion of United States Dollar (USD) and British Pound Sterling (GBP) to Nigerian Naira (NGN) at CBN Rates - Nigeria Currency Converter Calculator
• CBN to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country
EFCC has apprehended over 200 BDC operators across various states in Nigeria in a sweeping crackdown on forex scams
Published (Updated) on Thursday, May 23, 2024
• CBN has spent $581 million on forex interventions at the Nigeria Autonomous Foreign Exchange Market - FMDQ
• Central Bank of Nigeria has banned the use of foreign currency-denominated collaterals for naira loans
• Ex Rivers State Governor Nyesom Wike (Now FCT Minister) Receives Godswill Akpabio the Senate President of Nigeria at His Residence in Abuja on Tuesday 18th, March 2025 - Photo News
• Nigerian President Bola Tinubu Receives N705 Millionaire Naira Donation from House of Representative Led by Speaker Tajudeen Abbas and Deputy Speaker Benjamin Kalu - Photo News
• Naira Exchange Rate - Conversion of United States Dollar (USD) and British Pound Sterling (GBP) to Nigerian Naira (NGN) at CBN Rates - Nigeria Currency Converter Calculator
• CBN to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country
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