• Latest
  • Trending
  • All
Hoodlums Foil EFCC’s Attempt To Arrest Rivers Governorship Candidate

EFCC Raids Bureaux de Change As Naira Dips Against Dollar

Four Conditions before Tinubu reinstates Fubara

Four Conditions before Tinubu reinstates Fubara

Nigerian Business Mogul, Aminu Dantata is dead

Nigerian Business Mogul, Aminu Dantata is dead

Tinubu resolves Rivers Crisis, reunites Fubara, Wike, Lawmakers (Video)

Tinubu resolves Rivers Crisis, reunites Fubara, Wike, Lawmakers (Video)

What Benefits Tinubu’s New Tax Laws Mean for Nigerians and Businesses?

What Benefits Tinubu’s New Tax Laws Mean for Nigerians and Businesses?

What is a Meerkat? – The New Trending Meme

What is a Meerkat? – The New Trending Meme

Ibas faults NBA for moving Conference from Rivers to Enugu, demands Refund of N300m Hosting Rights

Rivers LG Administrator Resigns

2027: Atiku, Amaechi, El-rufai form New Political Party, writes INEC

2027: Atiku, Amaechi, El-rufai form New Political Party, writes INEC

Court remands TikToker For Bathing On Street

Court remands TikToker For Bathing On Street

JUST IN: Presidency warns Nigerians, Leaders over Opposition to Tinubu’s Tax Reform Bills

Tinubu lands in Benue amidst Aftermath of Yelewata attack

CAC Increases Service Fees from  August 1

CAC Increases Service Fees from August 1

Benue: Military deploys Air Surveillance after Terror Invasion killed over 100 in Guma

Benue: Military deploys Air Surveillance after Terror Invasion killed over 100 in Guma

DEMOCRACY ON TRIAL: A LEGAL REFLECTION ON 25+ YEARS OF CIVILIAN RULE IN NIGERIA

DEMOCRACY ON TRIAL: A LEGAL REFLECTION ON 25+ YEARS OF CIVILIAN RULE IN NIGERIA

  • About Us
  • Advertise with Us
  • Editorial Policy
Saturday, June 28, 2025
  • Login
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus
No Result
View All Result
iDeemlawful
No Result
View All Result
No Result
View All Result
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Commentary
  • Editorial
  • Campus
Home Breaking News

EFCC Raids Bureaux de Change As Naira Dips Against Dollar

by iDeemlawful
July 29, 2022
A A
Hoodlums Foil EFCC’s Attempt To Arrest Rivers Governorship Candidate
FacebookTwitterWhatsapp

EFCC operatives on Friday raided Wuse Zone 4, home to most bureaux de change in Abuja.

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

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

RelatedPosts

‘We have recovered reasonable amount’ – EFCC gives update on N1.3trn CBEX crypto fraud

JUST IN: Tompolo to face EFCC arrest over Alleged Naira Abuse in viral video

JUST IN: VeryDarkMan released from EFCC custody

VeryDarkMan’s lawyer expresses frustration over Bail Difficulties

“The idea is to dislodge currency speculators who are massively mopping up all available foreign currencies.

“The raid was a product of weeks of surveillance where agents of the EFCC monitored the activities of most of the bureaux de change operators in the Wuse 4 axis,’’ he 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 operation has also been carried out at major airports in the country.

“It’s a nationwide co-ordinated operation and will be extended to major commercial cities of Kano, Lagos and Port Harcourt,’’ the source added.

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

Tags: EFCCiPadNaira
Previous Post

Muslim-Muslim Ticket: Tinubu Sends Message To New President Of CAN

Next Post

Mummy GO Reveals Secret About BBNAIJA Logo, Condemns Viewers Of Reality Show

iDeemlawful

iDeemlawful

Related Posts

Nigerian Business Mogul, Aminu Dantata is dead
Breaking News

Nigerian Business Mogul, Aminu Dantata is dead

Court remands TikToker For Bathing On Street
Breaking News

Court remands TikToker For Bathing On Street

JUST IN: Presidency warns Nigerians, Leaders over Opposition to Tinubu’s Tax Reform Bills
Breaking News

Tinubu lands in Benue amidst Aftermath of Yelewata attack

Benue: Military deploys Air Surveillance after Terror Invasion killed over 100 in Guma
Breaking News

Benue: Military deploys Air Surveillance after Terror Invasion killed over 100 in Guma

DEMOCRACY ON TRIAL: A LEGAL REFLECTION ON 25+ YEARS OF CIVILIAN RULE IN NIGERIA
Breaking News

DEMOCRACY ON TRIAL: A LEGAL REFLECTION ON 25+ YEARS OF CIVILIAN RULE IN NIGERIA

Chief of Army Staff Oluyede relocates to Markurdi over Herdsmen Attacks
Breaking News

Chief of Army Staff Oluyede relocates to Markurdi over Herdsmen Attacks

‘How driver lost control’ – Survivor Narrates Accident that killed 22 Kano Athletes
Breaking News

‘How driver lost control’ – Survivor Narrates Accident that killed 22 Kano Athletes

Nigerian Government Announces Public Holidays for Sallah Celebrations
Breaking News

Nigerian Government Announces Public Holidays for Sallah Celebrations

The progress of Kano state is non – negotiable – Engr. Yusuf
Breaking News

Kano Declares 12-day Sallah Holiday for Schools

Kwara mobile court convicts 135 sanitation violators |
Breaking News

Kwara Law Students Appeal for Immediate Release of Law School Scholarship Funds

Load More

Leave a Reply Cancel reply

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

iDeemlawful

Copyright © 2019–2025 Deemlawful Media

  • About Us
  • Advertise with Us
  • Editorial Policy

Connect With Us

No Result
View All Result
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus

Copyright © 2019–2025 Deemlawful Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In