EFCC Raids Abuja Bureaux De Change Offices

Category: Crime News



Officials of the Economic and Financial Crimes Commission raided the offices of black market currency dealers in Abuja on Tuesday, November 1, 2022, arresting an unconfirmed number of suspects.

Punch 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.

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.

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