GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

Naira vs Dollar: EFCC Raids Bureaux De Change Operators

“The idea is to dislodge currency speculators who’re massively mopping up all available foreign currencies,” the source said.

Rojon by Rojon
January 11, 2024
in Crime
Reading Time: 1 min read
Naira vs Dollar: EFCC Raids Bureaux De Change Operators
92
SHARES
Advertisements

EFCC has raided Bureaux De Change Operators in Abuja over naira to dollar exchange rate escalation.

 

Goldennewsng reports that the operatives of the Economic and Financial Crimes Commission (EFCC) on Friday raided Wuse Zone 4, home to most bureaux de change in Abuja.

READ ALSO

Revealed: How Govt Published Civil Servants’ BVNs and Bank Details in Public Documents

Katsina Govt to Empower Repentant Bandits with Tools, Homes, and Business Support

 

The raid, conducted in other locations across the country, was undertaken days after the CBN blamed currency speculators for exacerbating the crash of the naira against the dollar and other foreign currencies.

 

An authoritative source at the EFCC told the News Agency of Nigeria (NAN) in Abuja that the raid was a product of weeks of a covert operation.

 

“The idea is to dislodge currency speculators who’re massively mopping up all available foreign currencies,” the source said.

 

According to the source, enough intelligence was gathered that some people with massive naira inflow had mobilised resources and are buying up available foreign currency, especially the dollar.

 

“Similar operations have also been carried out at major airports in the country.

 

“It is a nationwide coordinated operation and will be extended to major commercial cities of Kano, Lagos and Port Harcourt,” he added.

 

Efforts to get official confirmation on the raid from EFCC spokesperson, Wilson Uwujaren, were not successful as his phone was switched off.

📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

Boko Haram, ISWAP: 14,609 Out of 70,593 Surrendered Insurgents Are Combatants – General Musa

Next Post

Latest ASUU News On Resumption, ASUU Strike Update Today, 30 July 2022

Related Posts

Revealed: How Govt Published Civil Servants’ BVNs and Bank Details in Public Documents

Govt Published Civil Servants’ BVNs and Bank Details

The Borno State Government has been found to have published sensitive personal and financial details of more than 1,300 civil...

Read moreDetails

Katsina Govt to Empower Repentant Bandits with Tools, Homes, and Business Support

Repentant Bandits

Katsina State Governor, Dikko Umaru Radda, has unveiled fresh measures to tackle insecurity and support victims of banditry across the...

Read moreDetails

How to Report Police Misconduct in Nigeria

Report Police Misconduct

How to Report Police Misconduct in Nigeria Police brutality and misconduct remain pressing concerns in Nigeria, despite repeated promises of...

Read moreDetails

Zamfara Gov: I Can End Banditry in 2 Months If…

Governor Dauda Lawa

Governor Dauda Lawal of Zamfara has declared that banditry in the state could be eliminated within two months if state...

Read moreDetails

Collecting Transport Fare From a Man Without Showing Up Is a Punishable Offence – Nigeria Police Warns Women

Collecting Transport Fare From a Man Without Showing Up Is a Punishable Offence – Nigeria Police Warns Women

The Nigeria Police Force has issued a warning to Nigerian women, cautioning that collecting transport fare from men and failing...

Read moreDetails

Eyewitness Narrates What Really Happened Between Ibom Air Passenger and Cabin Crew

Eyewitness Narrates What Really Happened Between Ibom Air Passenger and Cabin Crew

Eyewitness Narrates What Happened Between Ibom Air Passenger and Cabin Crew   The controversy surrounding the dramatic removal of an...

Read moreDetails

Peter Obi: Why Is a Poor Passenger in Jail While Bigger Offenders Walk Free?

what peter obi has to say about ibom air incident

Labour Party’s 2023 presidential candidate, Peter Obi, has weighed in on the viral Ibom Air incident that saw passenger Comfort...

Read moreDetails

NSCDC officer’s death: Suspect dies while trying to Escape Arrest

NSCDC officer's death: Suspect dies while trying to Escape Arrest

Jigawa: Suspect in Killing of NSCDC Officer Dies After Falling From Moving Vehicle Jigawa State, August 10, 2025 – A...

Read moreDetails

FG bans Kwam 1 from flying indefinitely – See Details of What Happened 

FG bans Kwam 1 from flying

The Federal Government has banned Kwam 1 from flying indefinitely - See full Details of what led to the suspension ...

Read moreDetails

Man who slept with two underaged daughters on the run in Niger

A raped Girl ... As friend takes turn on 9 year girl   BY OUR REPORTER    Following his incest escapades...

Read moreDetails
Load More
Next Post
Latest ASUU News On Resumption, ASUU Strike Update Today, 27th August 2022

Latest ASUU News On Resumption, ASUU Strike Update Today, 30 July 2022

SEARCH ADS

Latest Posts

NELFUND to close 2024/2025 Loan portal
Education

NELFUND to Close 2024/2025 Loan portal, Set New date for applications

October 1 Public Holiday
Headline

FG to Declare October 1 Public Holiday

Marketers Fear Fuel Price Hike as PENGASSAN Strike Begins
business

Marketers Fear Fuel Price Hike as PENGASSAN Strike Begins

NYSC Mobilisation
Education

FG Makes Thesis Submission to NERD Mandatory for NYSC Mobilisation

PENGASSAN Strike
Headline

NNPC, NUPRC, NMDPRA Operations Shut as PENGASSAN Declares Nationwide Strike

Youth Empowerment Programme in Enugu
Headline

EDIA Launches ₦100 Million Youth Empowerment Programme in Enugu

NCDMB Digitalization Initiative
Headline

NCDMB to Train 3,700 Nigerian Youths in Digital Skills for Oil and Gas Industry

Black Market Dollar to Naira
business

Black Market Dollar to Naira Exchange Rate Today 29th Sept 2025

Spraying Money in Nigeria
Daily Guides

What the Law Says About Spraying Money in Nigeria – Penalties, Alternatives & CBN Act

World Bank
Headline

World Bank to Approve $750m Loans for Nigeria

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News