Economy News

BREAKING: EFCC Storms Abuja Bureaux De Change Offices

BREAKING: EFCC Storms Abuja Bureaux De Change Offices
  • PublishedNovember 1, 2022

Officials of the Economic and Financial Crimes Commission raided the offices of black market currency dealers in Abuja on Tuesday.

It was gathered that an unconfirmed number of suspects were arrested.

Our correspondent gathered that the officials, armed to the teeth, stormed the Sheraton Hotel area of Abuja to arrest some Bureaux De Change operators.

An eyewitness noted that the arrested suspects were dragged into waiting vehicles, as pedestrians trudged the scene.

OSUN DEFENDER reports that during the week, the naira had depreciated further against the dollar at the parallel market as it exchanged for N880 per dollar as of Monday, October 31.

This follows the Central Bank of Nigeria’s announcement that the proposed newly-redesigned naira notes would be in circulation from December 15, 2022.

The Spokesperson for the EFCC, Wilson Uwujaren could not confirm the operation when contacted by our correspondent.

“I will check and get back to you,” he said.

Leave a Reply

Your email address will not be published. Required fields are marked *