 on Tuesday raided the offices of black market currency dealers in Abuja where it arrested many){kind=link}
The Economic and Financial Crimes Commission (EFCC) on Tuesday raided the offices of black market currency dealers in Abuja where it arrested many suspects.
PUNCH reports that the armed officials stormed the Sheraton Hotel area of Abuja to arrest some Bureaux De Change operators.
According to eyewitness accounts, the arrested suspects were dragged into some waiting vehicles, while many stormed the scene to have a look.
The Naira currently exchanges for N880 per dollar.
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 the platform.
“I will check and get back to you,” he said.
Meanwhile, the commission expresses concern about the rising spate of cyber-attacks on banks and the reluctance of the institutions to report such breaches to law enforcement.
It warned that such reticence would only embolden the criminals, the EFCC appealed to financial institutions to work with it in order to secure the financial sector from threats of cyber-attacks.
The EFCC had earlier warned Bureau de Change operators to be wary of currency hoarders who would attempt to seize the opportunity to offload the currencies they had illegally stashed away because of the redesigning of the Naira.