Crime and MetroNational News
Naira Crash: EFCC Raids BDCs In Abuja, To Extend Operation To Lagos, Portharcourt, Others
The majority of the bureaux de change in Abuja are located in Wuse Zone 4, which was searched by EFCC agents on Friday.
The raid, which was carried out in other areas of the nation, was carried out days after the CBN accused currency speculators of escalating the naira’s decline against the dollar and other foreign currencies, according to the News Agency of Nigeria (NAN).
According to a reliable source cited by NAN, the raid was the result of weeks of a covert operation.
“The goal is to drive out currency speculators who are systematically grabbing up all foreign currencies.