72-HOUR LAGOS SHOPPING FESTIVAL KICKS OFF MONDAY . (PHOTO). #PRESS RELEASE.

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 72-HOUR LAGOS SHOPPING FESTIVAL KICKS OFF MONDAY  •Aregbe says festival will showcase Nigeria's rich culture   The highly anticipated Lagos Shopping Festival, a 72-hour non-stop shopping extravagance, will commence tomorrow, Monday, December 23 at the iconic Mobolaji Johnson Arena, Onikan, Lagos.   The three-day shopping festival scheduled for December 23 to 25, is organised by the Ministry of Tourism, Arts, and Culture, in partnership with Chain Reaction Ltd.   The Special Adviser to Governor Babajide Sanwo-Olu on Tourism, Arts and Culture, Mr. Idris Aregbe, in a statement issued on Sunday, said the festival will offer an unmatched shopping experience for both local residents and tourists.   He said the three days festival would be filled with incredible deals, exclusive discounts and a world-class shopping experience.    Aregbe urged both local and international shoppers to indulge in an unparalleled retail experience that showcases the rich cu...
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COURT JAILS THREE BDC OPERATORS THREE YEARS IN KANO. (PHOTOS). #PRESS RELEASE

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 Court Jails Three BDC Operators Three Years in Kano


Justice Mohammed Nasir Yunusa of the Federal High Court, Kano on Wednesday, February 28, 2024, convicted and sentenced three illegal bureau de change operators to three years imprisonment for operating without a requisite licence.  


The convicts: Umar Ibrahim Muhammad, Abubakar Yakubu Garba and Muhammad Tijjani were jailed after pleading guilty to one-count   separate charges of illegal dealing in foreign currency without an appropriate licence.


The lone-count charge reads: “That you Ibrahim Muhammad, sometime in February 2024 in Kano within the jurisdiction of this honourable court did engage in a financial operation of bureau de change without a valid licence and you thereby committed an offence contrary to Section 57 (5) of the Banks and Other Financial Institutions Act 2020 and punishable under Section 57 (5) (B) of the same Act.”


They all pleaded “guilty” to the charge read to them in English and interpreted in Hausa, upon which prosecution counsel, Aisha Tahar Habib prayed the court to convict and sentence them accordingly, while the defence counsel pleaded for mercy and leniency.


 Justice Yunusa thereafter convicted and sentenced Muhammad, Garba and Tijani to one year imprisonment each with an option of fine of N100,000(One Hundred Thousand Naira) each.


Their road to jail began when they were arrested by operatives of the Kano Command of the EFCC for operating a BDC without an appropriate licence.


More photos below. 



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