Archive for date: February 24th, 2024

The Central Bank of Nigeria (CBN) has released guidelines for the sale of foreign exchange (Forex) by Bureau De Change (BDC) operators within the country. The guidelines require that sellers of $10,000 and above to  BDCs will have to declare the  source of foreign exchange. CBN also said the minimum...

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The Finance Minister and Coordinating Minister of the Economy, Wale Edun, says only about 5% of people in Nigeria have more than N500,000 in their bank accounts. The minister disclosed this in an interview with Channels Television on Friday, February 23, 2024. According to him, “There has been an...

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Police operatives in Nasarawa state have arrested two suspected armed r%bbers t£rrorizing parts of the Ekye Development Area in Doma LGA of the state. The command’s spokesperson, DSP Ramhan Nansel, in a statement on Friday, February 23, identified the suspects as Abdullahi Basso and Saidu Isah. He said the...

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The Finance Minister and Coordinating Minister of the Economy, Wale Edun, says the federal government is working to minimise the level of economic hardship faced by Nigerians. Speaking in an interview with Channels Television on Friday, February 23, he said 15 million households will receive N25,000 for the next...

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A Lagos-based businessman, identified as Stephen Okafor, is currently on the run after allegedly b£@ting his wife to d£@th in Isolo area of the state. Okafor and Blessing Uche were married for 12 years but they were unable to have kids. It was gathered that this caused a lot...

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