FCT POLICE BUST CAR THEFT SYNDICATE, RECOVER TWO STOLEN VEHICLES, AND ARREST THREE SUSPECTS.(PHOTOS). #PRESS RELEASE.

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 PRESS RELEASE FCT POLICE BUST CAR THEFT SYNDICATE, RECOVER TWO STOLEN VEHICLES, AND ARREST THREE SUSPECTS. …as suspects confess to refurbishing and reselling stolen vehicles as newer models On April 11, 2025, following a distress call received by Durumi Division regarding the theft of a Toyota Corolla, 2005 model, gold in colour, with registration number KUJ 208 DA, stolen from the owner’s residence, operatives of the Division immediately swung into action. The vehicle was tracked to a workshop in Durumi, where it was discovered undergoing illegal refurbishment. The colour was being altered in an attempt to evade detection and facilitate a quick resale. A further search of the premises led to the recovery of another suspected stolen vehicle—a red Toyota Corolla with registration number GWA 844 CK—previously reported stolen from a residence in Jikwoyi. Three suspects—Steven Musa, David Dalyol (a painter), and Ibrahim Mohammed (a mechanic)—were arrested at the scene. During interrog...
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CBN BANS CRYTO-CURRENCIES IN NIGERIA.{PHOTO}.#PRESS RELEASE.

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CENTRAL BANK OF NIGERIA
Barking Subpoena Department Centa use Strict PM 0107 Gan Ab
BSOD ORIGINLAB 14/001
February 5, 2021
LETTER TO ALL DEPOSIT MONEY BANKS, NON-BANK FINANCIAL INSTITUTIONS AND OTHER FINANCIAL INSTITUTIONS
The Central of Bank of Nigorta's (CBN) circular of January 12, 2017 ref FPRDIR/GENOIR 08/010 which cautioned Deposit Money Banks (DMBA). Non Bank Financial Institutions (NBFI. Other Financial Institutions (OFis) and members of the pubic on the risk associated with transactions in cryptocurrency refers.
Further to earlier regulatory directives on the subject the Bank hereby wishes to remind regulated Institutions that dealing in cryptocurrencies or facilitating payments for cryptocurrency exchanges in prohibited.
Accordingly, all DBMS. NBFCS and OFis ar directed to identity persons and/or entities transacting in or operating cryptocurrency changes within their systems and ensure that such accounts are closed immediately.
Plande note that breaches of this directive will attract severe regulatory sanctions.
This letter is with immediate effect.
Yours faithfully
BELLO HASSAN
DIRECTOR OF BANKING SUPERVISION
MUSALOH

DİRECTOR PAYMENTS SYSTEM MANAGEMENT DEPARTMENT.

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