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Police, DSS nab 13 in Port Harcourt for Selling Naira Notes

  The Police, working in collaboration with the Department of State Services (DSS), have arrested 13 naira note sellers in Port-Harcourt, Rivers State in a sting operation that included officials of the Central Bank of Nigeria. Briefing the media on Wednesday, December 13, 2017, the Police Public Relations Officer, Rivers State Command,

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Buhari appoints Zubair as acting SEC Director General

  The Buhari-led Federal Government yesterday announced the appointment of Dr. Abdul Zubair as acting Director-General, Securities and Exchange Commission (SEC). Mrs. Efe Ebelo of the commission’s Corporate Communications Unit said in a statement made available to the News Agency of Nigeria (NAN) in Lagos that the appointment was with immediate effect. The

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Restructuring: Ajimobi Advocates Resource Control, Fiscal Discipline

By CHRIS EKEKE As the debate for the restructuring of the country rages, Oyo State governor, Senator Abiola Ajimobi, has called on the federal government to surrender the control and management of revenue accruing from natural resources to the owner states. The governor canvassed the position as a panelist at the ongoing 57th Annual General Conference

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Nigerians Lost N2.19bn To Fraud In 2016 – Report

By COMFORT NJIONYE A report by the Nigeria Electronic Fraud Forum (NEFF), which was on Wednesday showed that electronic payment space transaction fraud rose by 82 percent in 2016 with an estimated N2.19 billion lost to cyber criminals. The annual report for 2016 titled: “A Changing Payments Ecosystem: The Security Challenge”,  noted that “the

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