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The Central Bank of Nigeria (CBN) says it has stopped forex sales to Bureau De Change (BDC) operators in the country. Godwin Emefiele, governor of the apex bank, announced this at the end of the monetary policy committee’s meeting in Abuja on Tuesday. Emefiele said BDC operators have become a conduit for illegal financial flows working with corrupt people to conduct illicit flows and money laundering in Nigeria.

Former Nigerian senator, Dino Melaye took to his Instagram handle to blast President Buhari for attending the global education summit in London, IgbereTV reports. According to Dino, President Buhari is not qualified to attend the summit because of his low level of education. Dino wrote; "Present Buhari should have told us that he is going for medical not Global education summit. SDM" https://www.instagram.com/p/CR18ukHn_8-/?utm_source=ig_web_copy_link

The Police and the Federal Road Safety Corps (FRSC) on Tuesday urged Nigerians to stop offering their officers a bribe. × They also urged the public to report any officer who demands a bribe. The two agencies were among participants at a one-day virtual stakeholder dialogue on “effective and sustainable strategies for curbing retail corruption” organised by the Presidential Advisory Committee against Corruption (PACAC). PACAC Executive Secretary Prof Sadiq Radda said citizens have a critical role to play in ending petty (retail) corruption, most of which occur in form of bribery. He believes retail corruption can be reduced when citizens are law-abiding and comply with the rules, and when institutions play their roles effectively. Read Also; FRSC to Anambra motorists: update your papers or risk embarrassment “Cutting corners is why we have retail corruption. There are processes for getting things done. We should have respect for process and procedures,” he said. Radda called for the de...

The Presidency on Tuesday assured Nigerians that President Muhammadu Buhari will effectively tackle security and economic challenges before leaving office in May 2023. It also said despite security and economic challenges, great things are happening in the country, especially in the area of infrastructural developments. Femi Adesina, Special Adviser to the President on Media and Publicity who featured as a guest on Channels Television ‘Politics Today monitored by DAILY INDEPENDENT said it is wrong for some Nigerians to make a sweeping statement that things are not working in the country at the moment. He said the challenges in the country are not peculiar to Nigeria alone but a global issue. “When you say things are not in the best of shape, you are making a sweeping statement but that may not be right. There are challenges in certain areas. In security, economy there are challenges but that does not mean that some good things are not happening in the country”. “I just spoke with you a...

Soldiers on Tuesday prevented traders at the Timber and Building Materials markets in Orlu, Imo State, to open for the day’s business. Most of the traders in the two markets had on Monday refused to open their shops in solidarity with the leader of the Indigenous People of Biafra, Nnamdi Kanu,  who is facing terrorism-related charges at the Federal High court in Abuja. The soldiers, who were manning a checkpoint close to the two big markets in Orlu, barred the traders from opening their shops for any commercial activity. Our correspondent was told by the traders that the soldiers ordered the gatemen at the entrances of the two big markets not to open the gates. While the military continued with their stop and search duty in front of the two markets, traders who came as early as 7am met the entrance gates of the two markets under lock and key. One of the traders told The PUNCH that he was unable to access his shop on Tuesday when he came for the day’s engagement. The trader, who did...

The Nigerian Law School, on Tuesday, revealed that 618 intending lawyers that sat for the December 2020 Bar final examinations, failed. The Director-General of the Nigerian Law School, Professor Isah Chiroma, made the disclosure after he presented a total of 880 successful candidates that were confirmed as lawyers during day-one of the Call to Bar Ceremony. Professor Chiroma said the successful candidates were part of a total of 1,561 students that participated in the examinations. Equally admitted into the Bar on Tuesday were 4 candidates from previous Bar Final Examinations. Meanwhile, Prof. Chiroma disclosed that henceforth, law graduates of National Open University of Nigeria, NOUN, would be permitted to do special remedial course at the Nigerian Law School. He said: “The Council of Legal Education, Nigerian Law School have been receiving commendations from stakeholders and the general public for offering Admissions to Law graduates of National Open University of Nigeria (NOUN) for...