The Central Bank of Nigeria (CBN), has expressed concern over the growth in foreign currency exposures of banks through their Net Open Position (NOP). The apex bank disclosed this in a circular published on Wednesday on its website. The circular was signed by its Director, Trade and Exchange, Dr. Hassan Mahmud and the Director, Banking…
The police in Kaduna have arrested three suspected internet fraudsters notorious for defrauding unsuspecting students of the Kaduna State University (KASU) of their school fees, to the tune of over N60m. In a statement on Wednesday, Mansir Hassan, spokesperson of the Kaduna state police command, identified the arrested suspects as Muhammad Uthman Busari of Nariya…
Callistus Agwaza, Jalingo The police in Jalingo, Taraba state have arrested a suspected kidnapper with over N8.5m believed to be his share of kidnapping ransom. Parading the suspect on Wednesday at the state headquarters of the police command in Jalingo, the police commissioner, Joseph Eribo, said the suspect, identified as Aliyu Mohammed, offered the whole…
