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    Chronicle NG

    Buhari alarmed by influx of foreign currency into Nigeria

    Chronicle EditorBy Chronicle EditorFebruary 21, 2019No Comments1 Min Read
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    President Muhammadu Buhari to inaugurate ministers on August 21
    President Muhammadu Buhari
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    President Muhammadu Buhari is alarmed by the influx of foreign currencies into Nigeria
    President Muhammadu Buhari is alarmed by the influx of foreign currencies into Nigeria

     President Muhammadu Buhari has expressed astonishment at the huge amount of foreign currency flooding the country intended to influence the general elections beginning on Saturday.
     
    Speaking during the Federal Executive Council, FEC meeting Wednesday, the President accused some politicians of flouting money laundering regulations in their desperate bid to capture political power.
     
    President Buhari, however, commended the Economic and Financial Crimes Commission, EFCC for successfully tracking the money in “millions of United States dollars.”

    READ: 10 facts about Buharinomics
     
    The EFCC success followed the presidential directive to investigative agencies to probe a number of high profile cases.
     
    Reassuring the nation of his administration’s determination to wage a relentless war against money laundering and terrorist financing, the President again appealed to Nigerians, especially politicians to place the interest of the country above all others, as they troop out to cast their votes in the coming elections.

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    Zenith Bank headquarters illustrating a cyberattack and customer data breach affecting limited customer information.

    Hackers hit Zenith Bank, steal customers’ information

    August 4, 2026
    President Bola Tinubu has enacted an executive order that creates a unified regulatory structure for virtual assets in the nation.

    Tinubu approves 30% to 80% salary increase for military personnel

    August 4, 2026
    Education Minister Dr Tunji Alausa announces adoption of Kaduna's household mapping model to identify out-of-school children nationwide.

    FG orders expulsion of students found guilty of kidnapping

    August 4, 2026
    APC to resolve Fubara, Wike crisis

    Wike reveals why Fubara wasn’t allowed to seek reelection

    August 4, 2026
    FG moves to secure new $1.25bn World Bank loan amid debt concerns

    World Bank urges Nigeria, other developing countries to embrace AI

    August 4, 2026
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