Counterfeiting Naira notes is a severe offense punishable by up to five years of imprisonment without the option of a fine ...

These crimes have thrived despite the mandatory linking of all bank accounts to the Bank Verification Number (BVN).

The Central Bank of Nigeria (CBN) has introduced the non-resident Nigerian ordinary account (NRNOA) and non-resident Nigerian ...

The CBN directed banks to only transfer 50 percent of repatriated export proceeds on behalf of the IOCs to their parent ...

The Economic and Financial Crimes Commission (EFCC) has summoned Subomi and Wahab, sons of billionaire industrialist Razaq ...

EFCC has summoned Wahab and Raheem Okoya, sons of billionaire businessman Chief Razaq Okoya, over allegations of naira abuse.

The EFCC has invited Subomi and Wahab, the sons of Razaq Okoya for interrogation over alleged abuse of the naira.

In a bold move, the EFCC has invited Subomi and Wahab, the sons of billionaire industrialist Razaq Okoya, for interrogation ...

There is a fresh tension as the EFCC invited two sons of billionaire industrialist Razaq Okoya. Reasons for the invitation have been revealed and published.

EFCC has invited Subomi and Wahab, sons of billionaire business mogul, Razaq Okoya, over a viral video of them spraying Naira notes ...

The Central Bank of Nigeria (CBN) has prohibited local deposits into the newly launched Non-Resident Nigerian Ordinary ...

The naira experienced sustained pressure across foreign exchange markets this week, closing at N1,544.50/$1 on the official market and trading ...