The Economic and Financial Crimes Commission (EFCC) has arrested one Mustapha Muhammed, better known as Mustapha Naira, over alleged currency speculation.
The Economic and Financial Crimes Commission hasIn a statement on Tuesday, the anti-graft agency said Muhammed was picked up by EFCC operatives on November 12, at Wuse Zone 4, the hub of parallel market operations in the federal capital territory .
The commission said the arrest was part of its ongoing operation to sanitise the foreign exchange sector and rid it of speculators and all shades of economic saboteurs.
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