• How Bureau de Change operator exchanges N1.7m with fake dollars in Lagos

    How Bureau de Change operator exchanges N1.7m with fake dollars in Lagos

    Usman Nafada, a Bureau de Change operator, has connived with an accomplice to swindle one Mr Abdullahi Uba, of the sum of N1.7m at the Obalende area of Lagos during the course of changing some dollars to naira.

    It was reportedly gathered that Mr Uba had approached Usman in November 16th, 2016, requesting to change some Naira to American dollars.

    The suspect was said to have informed Uba that he didn’t have any hard currency at that period for exchange but talked […]

  • DSS raids Bureau de change, arrests dealers selling dollar above N400

    DSS raids Bureau de change, arrests dealers selling dollar above N400

    According to reports, the Department of State Services (DSS) on Thursday raided the foreign exchange parallel market (Bureau de change) in Lagos and Abuja, arresting dealers who were selling the dollar above N400.

    A dealer, who confided in newsmen, said some of his colleagues were among those arrested.

    “The DSS visited the market and arrested some of my colleagues, but I was saved because I didn’t have dollar to sell at the time,” the middle-aged dealer said.

    “They want us to buy at […]

  • Publish your budget online – Bureau dares National Assembly

    Publish your budget online – Bureau dares National Assembly

    According to reports, the Bureau of Public Service Reforms (BPSR) has challenged the National Assembly to publish the annual budget online to encourage transparency and accountability in governance,

    The BPSR Director-General, Dr Joe Abah, gave the advice at the reform seminar on Open Government and Transparency organised by the bureau in partnership with Right to Know (R2k), an NGO, on Wednesday in Abuja.

    He urged the National Assembly to learn from other developed nations, adding that doing so would make public servants […]