Naira: Police, others raid Lagos, arrest mint vendors - Daily Post Nigeria

Naira: Police, others raid Lagos, arrest mint vendors

The Lagos State Police Command says it has raided markets within Ikeja, and arrested eight suspects dealing in illegal currency trading.

Elkana said in a statement on Sunday in Lagos that the operation was carried out on Friday and Saturday. “It is a punishable offence under the CBN Act for any person or group of persons to hawk, sale or otherwise trade in the Naira notes, coins or any note issued by the Central Bank of Nigeria. “It is important for members of the public to note that acts of spraying the Naira notes at occasions, soiling and writing on the Naira are abuses of the naira and are punishable by the law.

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