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Tinubu Unveils Lagos’ Red Line Rail

FCTA Raids BDC Headquarters, Removes Shanties

March 1, 2024
Nigerian leaders treat public office as family enterprise – Sanusi

Nigerian leaders treat public office as family enterprise – Sanusi

December 11, 2025
Disney invests $1 Billion in OpenAI, licenses Mickey, Marvel to Sora AI Video

Disney invests $1 Billion in OpenAI, licenses Mickey, Marvel to Sora AI Video

December 11, 2025
Dangote set to offer dollar-denominated payouts for landmark refinery IPO

Dangote set to offer dollar-denominated payouts for landmark refinery IPO

December 11, 2025
Prof. Soyinka decries ‘excessive’ security escort around President’s son, Seyi Tinubu

Prof. Soyinka decries ‘excessive’ security escort around President’s son, Seyi Tinubu

December 10, 2025
EXODUS CONTINUES: Fubara, Adeleke, Mbah among Governors who have quit PDP post-2023

EXODUS CONTINUES: Fubara, Adeleke, Mbah among Governors who have quit PDP post-2023

December 10, 2025
Residents celebrate as troops foil major bandit attack, kill 13 insurgents

Residents celebrate as troops foil major bandit attack, kill 13 insurgents

December 10, 2025
National single window gains momentum ahead of March 2026 go LIVE

National single window gains momentum ahead of March 2026 go LIVE

December 10, 2025
ECOWAS declares ‘State of Emergency’ across West Africa amid wave of coups

ECOWAS declares ‘State of Emergency’ across West Africa amid wave of coups

December 9, 2025
Agriculture must rise above 5% of bank credit – Cardoso

Agriculture must rise above 5% of bank credit – Cardoso

December 9, 2025
CBN threatens strict measures against DMBs rejecting small, old dollar denominations

CBN licenses 82 BDCs under new tiered rules, threatens legal action against illegal operators

December 8, 2025
President Tinubu welcomes release of 100 Niger pupils, orders safe return of remaining hostages

President Tinubu welcomes release of 100 Niger pupils, orders safe return of remaining hostages

December 8, 2025
TikTok restricts late-night LIVE access for Nigerian users over explicit content surge

TikTok restricts late-night LIVE access for Nigerian users over explicit content surge

December 8, 2025
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    Nigerian leaders treat public office as family enterprise – Sanusi

    Nigerian leaders treat public office as family enterprise – Sanusi

    Disney invests $1 Billion in OpenAI, licenses Mickey, Marvel to Sora AI Video

    Disney invests $1 Billion in OpenAI, licenses Mickey, Marvel to Sora AI Video

    Dangote set to offer dollar-denominated payouts for landmark refinery IPO

    Dangote set to offer dollar-denominated payouts for landmark refinery IPO

    Prof. Soyinka decries ‘excessive’ security escort around President’s son, Seyi Tinubu

    Prof. Soyinka decries ‘excessive’ security escort around President’s son, Seyi Tinubu

    EXODUS CONTINUES: Fubara, Adeleke, Mbah among Governors who have quit PDP post-2023

    EXODUS CONTINUES: Fubara, Adeleke, Mbah among Governors who have quit PDP post-2023

    Residents celebrate as troops foil major bandit attack, kill 13 insurgents

    Residents celebrate as troops foil major bandit attack, kill 13 insurgents

    National single window gains momentum ahead of March 2026 go LIVE

    National single window gains momentum ahead of March 2026 go LIVE

    ECOWAS declares ‘State of Emergency’ across West Africa amid wave of coups

    ECOWAS declares ‘State of Emergency’ across West Africa amid wave of coups

    Agriculture must rise above 5% of bank credit – Cardoso

    Agriculture must rise above 5% of bank credit – Cardoso

    CBN threatens strict measures against DMBs rejecting small, old dollar denominations

    CBN licenses 82 BDCs under new tiered rules, threatens legal action against illegal operators

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    Nigerian leaders treat public office as family enterprise – Sanusi

    Nigerian leaders treat public office as family enterprise – Sanusi

    Disney invests $1 Billion in OpenAI, licenses Mickey, Marvel to Sora AI Video

    Disney invests $1 Billion in OpenAI, licenses Mickey, Marvel to Sora AI Video

    Dangote set to offer dollar-denominated payouts for landmark refinery IPO

    Dangote set to offer dollar-denominated payouts for landmark refinery IPO

    Prof. Soyinka decries ‘excessive’ security escort around President’s son, Seyi Tinubu

    Prof. Soyinka decries ‘excessive’ security escort around President’s son, Seyi Tinubu

    EXODUS CONTINUES: Fubara, Adeleke, Mbah among Governors who have quit PDP post-2023

    EXODUS CONTINUES: Fubara, Adeleke, Mbah among Governors who have quit PDP post-2023

    Residents celebrate as troops foil major bandit attack, kill 13 insurgents

    Residents celebrate as troops foil major bandit attack, kill 13 insurgents

    National single window gains momentum ahead of March 2026 go LIVE

    National single window gains momentum ahead of March 2026 go LIVE

    ECOWAS declares ‘State of Emergency’ across West Africa amid wave of coups

    ECOWAS declares ‘State of Emergency’ across West Africa amid wave of coups

    President Tinubu welcomes release of 100 Niger pupils, orders safe return of remaining hostages

    President Tinubu welcomes release of 100 Niger pupils, orders safe return of remaining hostages

  • POLITICS
    EXODUS CONTINUES: Fubara, Adeleke, Mbah among Governors who have quit PDP post-2023

    EXODUS CONTINUES: Fubara, Adeleke, Mbah among Governors who have quit PDP post-2023

    Osun Reps Caucus rejects future Governorship Primary process, citing lack of transparency

    Osun Reps caucus rejects future governorship primary process, citing lack of transparency

    UK Labour Party seizes on opposition’s hostile ‘takeover’ plan to decry ‘unholy alliance’

    UK Labour Party seizes on opposition’s hostile ‘takeover’ plan to decry ‘unholy alliance’

    Macron arrives in China to press Xi on Ukraine ceasefire, trade imbalances

    Macron arrives in China to press Xi on Ukraine ceasefire, trade imbalances

    Senate erupts as Goje accuses Akpabio of ‘private meetings’ during session

    Senate erupts as Goje accuses Akpabio of ‘private meetings’ during session

    PDP seals expulsion of Wike, Fayose, 9 others in decisive 2027 relaunch

    PDP seals expulsion of Wike, Fayose, 9 others in decisive 2027 relaunch

    APC group defends Tinubu’s controversial ambassadorial picks

    APC group defends Tinubu’s controversial ambassadorial picks

    Ex-AGF Malami confirms “successful engagement” after EFCC interrogation

    Ex-AGF Malami confirms “successful engagement” after EFCC interrogation

    Nigeria must stop apologizing, end negotiations with terrorists, Obasanjo warns

    Nigeria must stop apologizing, end negotiations with terrorists, Obasanjo warns

  • POLICY
    President Tinubu sends 65-nominee Ambassadorial list to Senate

    President Tinubu sends 65-nominee Ambassadorial list to Senate

    Senate summons Finance, Education Ministers over $30M Safe School Initiative Fund

    Senate summons Finance, Education Ministers over $30M Safe School Initiative Fund

    President Tinubu swears in new NPC boss, five permanent secretaries

    President Tinubu swears in new NPC boss, five permanent secretaries

    Senate moves to classify all kidnapping as terrorism, mandates death penalty

    Senate moves to classify all kidnapping as terrorism, mandates death penalty

    US-Russia Ukraine peace talks end without breakthrough on territory

    US-Russia Ukraine peace talks end without breakthrough on territory

    US Congress ramps up pressure, holds investigative roundtable on ‘Christian persecution crisis’

    US Congress ramps up pressure, holds investigative roundtable on ‘Christian persecution crisis’

    Contractors barricade Finance Ministry over N500bn debt, accuse FG of delay tactics

    Contractors barricade Finance Ministry over N500bn debt, accuse FG of delay tactics

    Kogi Government reaffirms zero-tolerance policy amid banditry surge

    Kogi Government reaffirms zero-tolerance policy amid banditry surge

    Senate set to screen Defence Minister nominee Gen. Christopher Musa (retd)

    Senate set to screen Defence Minister nominee Gen. Christopher Musa (retd)

  • BUSINESS
    Dangote set to offer dollar-denominated payouts for landmark refinery IPO

    Dangote set to offer dollar-denominated payouts for landmark refinery IPO

    National single window gains momentum ahead of March 2026 go LIVE

    National single window gains momentum ahead of March 2026 go LIVE

    CBN threatens strict measures against DMBs rejecting small, old dollar denominations

    CBN licenses 82 BDCs under new tiered rules, threatens legal action against illegal operators

    TikTok restricts late-night LIVE access for Nigerian users over explicit content surge

    TikTok restricts late-night LIVE access for Nigerian users over explicit content surge

    JUST IN: CBN ends special monthly waivers, announces new weekly cash withdrawal limits

    JUST IN: CBN ends special monthly waivers, announces new weekly cash withdrawal limits

    Investment experts see ‘buy’ opportunity as EM Stocks diverge on AI, Tariffs

    Investment experts see ‘buy’ opportunity as EM Stocks diverge on AI, Tariffs

    CBN Report: Businesses expect naira to depreciate in next 3 months, appreciate mid-2025

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    Bond, Crypto selloff triggers risk-off mood

    Samsung launches the Galaxy Z TriFold multi-folding smartphone

    Samsung launches the Galaxy Z TriFold multi-folding smartphone

  • TECH
    TikTok restricts late-night LIVE access for Nigerian users over explicit content surge

    TikTok restricts late-night LIVE access for Nigerian users over explicit content surge

    ATCON: Right-of-Way challenges, countless taxes, vandalism stunting telecom sector

    ATCON: Right-of-Way challenges, countless taxes, vandalism stunting telecom sector

    Prof. Oloyede says JAMB largest user of ICT in the world

    Prof. Oloyede says JAMB largest user of ICT in the world

  • INTERNATIONAL
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    Disney invests $1 Billion in OpenAI, licenses Mickey, Marvel to Sora AI Video

    UK Labour Party seizes on opposition’s hostile ‘takeover’ plan to decry ‘unholy alliance’

    UK Labour Party seizes on opposition’s hostile ‘takeover’ plan to decry ‘unholy alliance’

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    Macron arrives in China to press Xi on Ukraine ceasefire, trade imbalances

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    Investment experts see ‘buy’ opportunity as EM Stocks diverge on AI, Tariffs

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FCTA Raids BDC Headquarters, Removes Shanties

by thelink
March 1, 2024
in Policy
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President Tinubu sends 65-nominee Ambassadorial list to Senate

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President Tinubu swears in new NPC boss, five permanent secretaries

reports that the task force team of the Federal Capital Territory Administration has dislodged shanties around the Bureau De Change (BDC) headquarters in Zone 4, Abuja. The Director of the Department of Development Control, Mukhtar Galadima, who led the enforcement, said the shanties were serving as hideouts for suspected criminals in the city centre. He expressed concern over the high level of criminal and unwholesome activities taking place in the area by some unlicensed operators. He noted that those illegal activities were constituting a threat to FCT security, saying as a result the structures must not be allowed to remain. Galadima said BDC owners were expected to operate from designated and licensed areas and not under trees and bushes as was the case in Zone 4. He insisted the enforcement was in line with the directive to sanitize and rid the area of all illegalities to keep the environment and the territory safe and had noted the volatility in the exchange rate of the naira to other hard currencies Asked why the area had not been developed for a long time, he said the place was under litigation till court decided.

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