EFCC raids black market forex offices as Naira falls rapidly

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EFCC raids black market forex offices as Naira falls rapidly
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BREAKING: EFCC raids black market forex offices as Naira falls rapidly

raided the offices of black market currency dealers in Abuja on Tuesday in a bid to halt the rapid fall of the naira.

Hopes the policy could help fight money laundering appears to have backfired as suspected holders of illicit cash scramble to change their stash into foreign currencies, fueling demand for dollars and a further plunge in the value of naira. Our reporter saw two white buses parked in front of the Musawa House along Constantine Street of Wuse Zone 4.

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