Operatives of the Special Investigations Team attached to the Force Criminal Investigations Department Annex in Lagos State have arrested one Chinedu Ngwaka for his alleged involvement in a fraudulent scheme worth N320 million. Ngwaka, a self-acclaimed Bureau De Change operator,…
CBN warns against counterfeit banknotes, urges vigilance, electronic transactions
The Central Bank of Nigeria (CBN) has issued a warning about the proliferation of counterfeit banknotes, particularly in higher denominations, in food markets and commercial centers across major cities in the country. Citing Section 20(4) of the CBN Act (2007),…