In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.
On Wednesday, in a story titled '6 Things to know about new EFCC chairman’, we referred to Mohammed Abba Umar as the Director of Operations of the Economic and Financial Crime Commission, who was directed to assume the headship of the anti-graft agency following the suspension of Abdulrasheed Bawa as the chairman of the commission.
We have since discovered that Umar is no longer the Director of Operations of the agency and therefore not the designated person directed to assume the post of the Acting Chairman of the EFCC. The Director of Operations of the agency, who was directed to take over from Bawa as the acting chairman, is Mr Abdulkarim Chukkol. We, therefore, apologise to the officers concerned for the incorrect information.
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