How BDC operator allegedly defrauded me of $63,950, Lagos businessman tells court
March 19, 2024 A businessman, Mr Chinedu Igbokwe, on Tuesday, told an Ikeja Special Court how a Bureau de Change operator, Abdulami Isah, allegedly defrauded him of $63,950. Igbokwe, who…
EFCC Arraigns Two for Operating BDC without Licence in Damaturu
March 15, 2024 The Maiduguri Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Tuesday arraigned the duo of Ahmadu Haruna and Kabir Iliyasu, before Justice Fadimatu Aminu…
Naira Redesign: Bawa Engages Banks’ Compliance Officers, BDC Operators in Lagos
Nov. 2, 2022 The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has sought greater collaboration and partnership with the Association of Chief Compliance Officers of Banks…
NDLEA arrests 5 members of airport drug syndicate, recovers N19.8m cash from ring leader
March 30, 2022 …Mkpuru Mmiri cook nabbed in Imo, lawyer in Ekiti A string of fresh offensives against drug cartels across Nigeria has led to the arrest of a fleeing…
CBN to begin immediate refund of N35m capital deposits to BDC applicants
July 29, 2021 The Central Bank of Nigeria (CBN) on Thursday said it will start immediate refund of capital deposit to Bureaux de Change (BDC) promoters with pending applications. According…
FX: CBN stops sale to BDCs over unwholesome practices, to sell through Commercial Banks
July 27, 2021 The Central Bank of Nigeria (CBN) on Monday announced immediate discontinuation of sale of Foreign Exchange (forex) to Bureau de Change (BDC) operators in the country. Mr…
CBN resumes sales of FX to licensed BDC operators, gives guidelines
The Central Bank of Nigeria (CBN) says it has commenced the sales of foreign exchange to the Bureau De Change (BDC) operators in the country. The CBN made this known…
Alleged N32.9bn fraud: EFCC opens trial of Mompha, calls first witness
The N32.9billion fraud trial of alleged internet fraudster, Ismaila Mustapha, a.k.a Mompha, Friday began in a Federal High Court in Lagos with the prosecutor calling a Central Bank Witness. The…
Polls: Beware of Voodoo Dollars in Circulation, EFCC Warns Nigerians, Takes Campaign to BDC Operators
The Economic and Financial Crimes Commission, EFCC, on Thursday took its sensitisation campaign to Bureau de Change, BDC operators at the Wuse Zone 4 Office in Abuja. The EFCC…
Magu Cautions BDC Operators Against Aiding Corrupt Practices of Some Politicians
The Acting Chairman, Economic and Financial Crimes Commission (EFCC) Mr Ibrahim Magu has cautioned Bureau de Change (BDC) operators in the country against aiding corrupt practices of some…