The Nigeria Communications Commission (NCC) has again cautioned telecommunication consumers on the rising trend of electronic frauds on telecom platforms across key sectors of the Nigerian economy. The NCC’s Director, Consumer Protection and Advocacy Unit, Consumer Affairs Bureau, Mr. Alkasim Umar, gave the warning during a sensitisation programme tagged: ‘Shine Your Eyes-No Fall Mugu’, in […]
In furtherance of its efforts to ensure that the provisions of the Money Laundering Act are fully complied with in the nation’s public finance system, Nigerian Financial and Intelligence Unit (NFIU) on Thursday announced a total ban on cash withdrawal from Public Accounts and payment of Estacode and travel allowances in cash and criminalized it. […]
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Tuesday stoutly justified its monetary’ policy forbidding crypocurrencies transactions in Nigeria, saying trading in the virtual assets is illegal and has no place in Nigeria’s monetary system. Emefiele, who re-affirmed the apex bank’s policy stance against the virtual currencies when he appeared before […]