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    EFCC arrests three for currency racketeering

    David GreatBy David GreatFebruary 7, 2024No Comments1 Min Read
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    Naira now exchange for N364 to a dollar Budgeting Tips Money currency racketeering
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    The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested three persons in connection with suspected currency racketeering.

    The suspects: Musa Gideon, Abdul Seidu Adamu and Justine Musa were arrested along Yakubu Gowon way, Kaduna on Wednesday, February 7, 2024 while trying to sell new naira notes to an EFCC’s undercover operative.

    The operative, a member of the Special Task Force set up for the enforcement of extant laws against currency racketeering, mutilation and dollarization of the economy by the EFCC chairman, Ola Olukoyede, functioned in a sting operation carried out by the Team.

    • Illegal Mining: EFCC impounds 12 truckloads of lithium

    The operation yielded the arrest of the three suspects selling new and old naira notes to the tune of N1,307,400 (One Million Three Hundred and Seven Thousand, Four Hundred Naira) and many Automated Teller Machine, ATM, cards.

    The suspects would be charged to court as soon as investigations are concluded.

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    US President Donald Trump confirmed on Thursday that US forces conducted deadly strikes against Islamic State terrorists in Northwestern Nigeria and vowed more attacks if the militants keep killing Christians.

    Trump insists he must be involved in choosing Iran’s next leader

    Iran missiles hit Abu Dhabi, Dubai airports, 1 dead

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    US President Donald Trump confirmed on Thursday that US forces conducted deadly strikes against Islamic State terrorists in Northwestern Nigeria and vowed more attacks if the militants keep killing Christians.

    Trump insists he must be involved in choosing Iran’s next leader

    March 5, 2026
    Iran missiles hit Abu Dhabi, Dubai airports, 1 dead

    Iran strikes Bahrain’s largest oil refinery with missiles

    March 5, 2026
    IPAC

    IPAC rejects Electoral Act, threatens to boycott 2027 elections

    March 5, 2026
    CAF denies rumours, reaffirms Morocco as host of WAFCON 2026

    CAF postpones 2026 WAFCON to July

    March 5, 2026
    EFCC arrests Enugu trader over viral naira abuse video

    EFCC arrests Enugu trader over viral naira abuse video

    March 5, 2026
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