Foreign ExchangeMetroNewsSociety
Naira depreciation: EFCC arrests ‘currency speculator’ in Abuja
The Economic and Financial Crimes Commission (EFCC) have detained Mustapha Muhammed, also known as Mustapha Naira, on suspicion of currency speculation.Information Guide Nigeria
Muhammed was arrested on November 12 in Wuse Zone 4, the core of parallel market operations in the federal capital area, according to a statement released by the anti-corruption agency on Tuesday (FCT).
👉 Relocate to Canada Today!
Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaRead Other Top Stories:
- Flood: MOMAN donates N50m to Nigerian Red Cross
- Lagos FTZ plans efficient port system
- NNPC, TotalEnergies inaugurate women acquisition centre
- Ship berthing cost down by 86%, says group
The commission stated that the arrest was part of its ongoing effort to purify the foreign exchange market and cleanse it of speculators and all forms of economic saboteurs.JAMB Result
“The suspect has made useful statement while the investigation continues,” EFCC added.
