Thursday, June 26, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
Home Business

EFCC Meets BDC Operators in Abuja, To Clamp Down on Forex Hoarders in Major Cities

Bawa said he called the meeting to fashion out a collaborative stakeholders response to brazen foreign exchange speculation especially at the parallel market

Newsroom Nigeria by Newsroom Nigeria
August 5, 2022
in Business
Reading Time: 1 mins read
0
SHARES
Share on FacebookShare on Twitter

As part of its ongoing efforts to check the rising incidence of foreign exchange speculation which has brought pressure on the value of the Naira, the Executive Chairman of the EFCC, Abdulrasheed Bawa today, August 5, 2022, met with representatives of Bureau de Change Operators in the Federal Capital Territory.

Bawa said he called the meeting to fashion out a collaborative stakeholders response to brazen foreign exchange speculation especially at the parallel market which is hurting the country’s monetary policy by instigating a run on the value of the Naira.

Related posts

Change of Baton: Ojulari Takes over from Kyari, Pledges to Consolidate Successes of Predecessor

April 4, 2025

Barrister Neya Kalu Continues to Redefine Elegance in Nigeria.

November 5, 2024

The operators who thanked the EFCC for the invitation, expressed optimism that the Naira’s rebound, which began after the EFCC’s intervention a few days ago, may eventually see the currency return to its pre-speculation value.

Similar meetings are planned for other Bureau de Change operators in the major commercial cities across Nigeria as well as with key players, regulators and operators of the Nigerian Financial Sector.

 

ShareTweetSendShareShare
Previous Post

OONI TRACES HOW YAM WAS DISCOVERED, CALLS FOR EXPANSION OF VALUE CHAIN FOR GLOBAL MARKET

Next Post

OSUN POLLS: APC TAKES CASE TO TRIBUNAL

Related Posts

Business

Change of Baton: Ojulari Takes over from Kyari, Pledges to Consolidate Successes of Predecessor

April 4, 2025
Business

Barrister Neya Kalu Continues to Redefine Elegance in Nigeria.

November 5, 2024
Business

FUEL IMPORT: DANGOTE RESPONDS TO IPMAN, OTHERS

November 5, 2024
Business

Federal Ministry of Communications, Innovation & Digital Economy Announce N2.8billion Google support to Advance AI Talent Development in Nigeria

October 31, 2024
Business

Caring Habitat’s Medical Director Calls for Establishment of More Rehab Hospitals 

October 29, 2024
Business

Bresson 180Bn naira Magboro Power plant kicks off, Signs Power Purchase Agreement with IBEDC.

October 28, 2024
Next Post

OSUN POLLS: APC TAKES CASE TO TRIBUNAL

RECOMMENDED NEWS

OLAWEPO-HASHIM VISITS NA’ABBA FAMILY, PAYS MOVING TRIBUTE

1 year ago

BDC OPERATORS APPLAUD CBN OVER NAIRA VALUE APPRECIATION

1 year ago

Setting the Record Straight: Meritocracy and Milestones at NNPC

6 months ago

AGAIN, JOURNALISTS COME UNDER ATTACK IN ILORIN

2 years ago

FOLLOW US

POPULAR NEWS

  • TAU Students Win Big   at National Innovation Challenge

    TAU Students Win Big   at National Innovation Challenge

    0 shares
    Share 0 Tweet 0
  • Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

    0 shares
    Share 0 Tweet 0
  • ADEBAYO HELD ALOFT THE BANNER OF THE UPN, LED BY OBAFEMI AWOLOWO, TINUBU PENS TRIBUTE TO A TRUE STATESMAN

    0 shares
    Share 0 Tweet 0
  • TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

    0 shares
    Share 0 Tweet 0
  • INEC Receives Applications To Register Obidients People’s Party (OPP), 109 Other Political Parties Registration

    0 shares
    Share 0 Tweet 0
Newsroom Nigeria

This independent, liberal online news platform aims to inform citizens about important issues. NEWSROOM NIGERIA covers political, business, economic, national, and international news. They are committed to journalism ethics and hold the government accountable.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.