Nigeria, March 25 -- An Ilorin Federal High Court has sentenced a Bureau De Change (BDC) operator, Abubakar Suleiman, to community service for running an unlicensed financial business.
Suleiman was convicted on Tuesday, March 25, 2025, after the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) arraigned him for operating a BDC without a valid licence from the Central Bank of Nigeria (CBN).
During the trial, EFCC prosecutors presented evidence, including Suleiman's extra-judicial statements and money recovered at the time of his arrest.
He pleaded guilty to the charge.
Justice Abimbola Awogboro sentenced him to 300 hours of community service, to be completed at five hours per day.
The court also ordere...