EFCC Cracks Down on Currency Speculation as Naira Slips to 1,520/$

In a bid to address the recent slide of the naira against the dollar, the Economic and Financial Crimes Commission (EFCC) intensified its crackdown on Bureau De Change (BDC) operators across major Nigerian cities, including Abuja, Lagos, Kano, and Port Harcourt. The raids on Tuesday were part of the government’s renewed efforts to combat the … Continue reading EFCC Cracks Down on Currency Speculation as Naira Slips to 1,520/$