News

CBN launched a disguised audit to clean BDCS, FX Market after CBEX Scandal Rocks Nigerians

The Nigerian central bank has issued a strong warning to Operator Bureau de Change (BDC) which is licensed nationally, vowing to impose severe sanctions on those who fail to comply with the anti -money laundering financing regulations and terrorism. The instructions occurred after the CBEX financial disaster, where thousands of Nigerians who were not suspicious were captivated into cheating foreign …

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The IMF recommends a strict monetary policy to reduce Nigerian inflation

International Monetary Funds (IMF) on Friday call for strict monetary policy to reduce Nigerian inflation. The head of the IMF mission for Nigeria, Axel Schimmelpfennig, made a call in a statement after his visit to hold a discussion for consultation Article IV 2025 with Nigeria. Schimmelpfennig led the IMF team to Lagos and Abuja from 2 to 15 April. He …

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Boss EFCC Olukoyede Bags Award for the courage of justice, transparency

The executive president of the Commission for economic and financial crimes (EFCC), Ola Olukoyede, was recognized for his commitment for transparency, justice and integrity in the fight against corruption and other financial crimes as he was awarded with the prestigious prize for the courage of justice and transparency by the Nigerian community for human rights. A press statement from the …

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Tinubu promises more prosperous Nigeria

Tinubu Bola President on Friday promises a better and more prosperous country for Nigerians. The President gave a guarantee in the Easter message available to journalists in Abuja with special advisors about information and strategies, Bayo Onanuga. Tinubu reiterated his commitment to his promise about new hopes, a better, more just, and prosperous Nigeria for all. He said the holy …

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No suspected of Boko Haram arrested in Lagos

Boko Haram The police command in the state of Lagos dispelled a publication in some newspapers of April 17, 2025, stating that hundreds of suspicions of Boko Haram were arrested in Lagos. The command spokesperson, the CSP Benjamin Hundeyin, confused this in a declaration on Friday in Lalagos. He said that following the publication, the police commissioner in the state, …

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Flying Eagles defeated Abuja Club in a warm -up game for Afcon

Nigeria’s Flying Eagles has begun to wrap preparations for their participation at the African U-20 2025 (AFCON) Nation Cup with a win in a warm-up match. The Flying Eagles, led by coach Aliyu Zubairu, defeated Moran FC 2-1 in a test match in Abuja on Friday. KParobo Arierthi and Benjamin are valuable on target for the National Youth Team. Continental …

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