bureau de change

Tag: bureau de change

YNaija November 11, 2022

Dollar falls to N730 at parallel market; Hoarders of naira notes purchasing dollar bills from BDEs

The naira, which has been depreciating against major currencies for the past two weeks, has made a comeback in the parallel market, registering gains. Recall that the Nigerian currency touched…

Azeez October 25, 2017

“I was certain I didn’t blink” | Nigerian lady narrates how she was scammed of $4000

When Ada (not real name) set out for her bank transactions on that fateful Friday, October 13, she was oblivious of the incident waiting to happen. After withdrawing $4000 from…

Azeez April 8, 2017

EFCC uncovers N448m hidden in Lagos plaza

by Azeez Adeniyi The Economic and Financial Crimes Commission on Friday evening uncovered N448,850,000 (Four hundred and forty eight million, eight hundred and fifty thousand naira) in a shop at…

Azeez March 31, 2017

CBN to begin sale of forex to BDCs twice weekly

The Central Bank of Nigeria on Thursday said it would from next Monday begin the sale of foreign exchange to Bureau De Change operators twice weekly. Acting Director, Corporate Communications…

Oludolapo Adelana February 24, 2017

Just In: Court grants Seun Egbegbe N5m bail

by Dolapo Adelana The Federal High Court in Lagos has granted Seun Egbegbe and one Mr. Oyekan Ayomide bail in the sum of five million naira, according to Sahara Reporters.…

January 14, 2014

How I made N45 million from one operation – Robbery suspect reveals (PICTURED)

by 'Jola Sotubo A suspected armed robber yesterday revealed to police in Lagos just how much he had made from his illicit ways. Samuel aka Asiwaju, during his confession, also…

September 17, 2013

N2.05b fraud: 4 undergraduates, bureau de change operators arrested by the EFCC (PICTURED)

by 'Jola Sotubo Four persons have been arrested by the Economic and Financial Crimes Commission (EFCC) for perpetrating fraud to the tune of N2.05 billion. Salihu Liman Mahmoud and Dan…

July 23, 2013

Finally: EFCC arrests serial fraudster in Abuja over $92,000 scam (PICTURED)

by Rachel Ogbu Princewell-Arinze-Chukwueze (Photo: PMNews) A suspected serial fraudster has finally been arrested by the Nigeria’s Economic and Financial Crimes Commission (EFCC) in Abuja after more than two months’…

March 14, 2013

2 policemen killed at Murtala Mohammed International Airport Lagos during late night robbery attack

by Rachel Ogbu Two policemen were killed at the International wing of the Murtala Mohammed Airport Lagos, last night after about 10 armed robbers stole a huge amount of foreign currencies…

January 13, 2013

Customs arrest 3 Nigeriens with N15m cash hidden under car seats (PICTURED)

by Isi Esene Three Nigeriens were yesterday paraded by men of the Nigerian Customs for trying to smuggle N15 million cash into the country. The money was hidden under the…

October 25, 2012

Wonders: Policemen tried to rob us – Bureau de change operators

by Hauwa Gambo Some bureau de change operators on Allen Avenue in Lagos have accused four policemen of attempting to rob them. Speaking to Punch on Wednesday, the operators said…

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