CBN Remittances: 48 approved international money transfer operators.

The Central Bank of Nigeria has published a list of the international money transfer operators (IMTOs) approved for diaspora remittances. The bank had earlier introduced a “Naira 4 Dollar Scheme”, an incentive that pays naira to senders and recipients of international money transfers. The incentive will see recipients of diaspora remittances paid N5 for every $1 received…

Read More

Woman, son allegedly killed for rituals by Herbalist, bricklayer in Ogun

Operatives of Ogun State Police Command have arrested a 29-year-old herbalist, Baoku Gbuyi and 27-year-old bricklayer, Olamide Odulaja, for the alleged killing of a housewife, Modupeola Folorunsho and her four-year-old son, Peter, for suspected money-making rituals. The Guardian learnt that their arrest was prompted by a report made at the Ijebu Igbo Police Division by…

Read More