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    EFCC arrests bank manager hoarding new naira notes

    David GreatBy David GreatFebruary 6, 2023No Comments2 Mins Read
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    New naira notes discovered at the bank branch by EFCC officials
    New naira notes discovered at the bank branch by EFCC officials
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    An operations manager of a commercial bank in Abuja Central Area was today, February 6, 2023, arrested by operatives of the Economic and Financial Commission, EFCC, for refusing to load the Automated Teller Machines, ATMs, of the bank despite having N29 million of the redesigned naira notes in the branch’s vaults.

    Before he was whisked away for further questioning, the operatives ordered the loading of all the ATMs and the payment of the stipulated amount across the counter to the delight of the distraught customers who had spent hours on queues without getting the new notes.

    This discovery, which indicates a sabotage of the government’s monetary policy by some banks, was made by the EFCC in continuation of the ongoing surveillance and visit to banks across the country to access their vaults and verify whether they were deliberately refusing to dispense the redesigned naira notes.

    • EFCC grills actress for spraying new naira notes

    More than five bank branches were covered today by the operatives in Abuja. Similar exercises were ongoing in Zonal Commands across the country.

    The operation will continue until normalcy is restored to the banking system.

    Nigerians finding it difficult to access their funds at any bank and suspects foul play should contact the commission, for immediate intervention.

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    Football, Moroccans and a runaway monarchy, by Owei Lakemfa

    Football, Moroccans and a runaway monarchy, by Owei Lakemfa

    March 27, 2026
    Frank Edwards mourns Uma Ukpai says ‘I was healed of asthma, pneumonia at his crusade’ 

    Abia honours Uma Ukpai with state funeral

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    Plateau residents frown over aborted twins found in refuse dump

    Plateau residents frown over aborted twins found in refuse dump

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    CBN orders banks to block loan defaulters from new credit

    CBN officially blacklists top loan defaulters

    March 27, 2026
    Troops have eliminated six suspected bandits and seized weapons and communication devices during coordinated strikes carried out this week.

    Troops kill six terrorists, rescue eight in northern operations

    March 27, 2026
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