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Trending News: BREAKING: TINUBU SWEARS-IN IBAS AS RIVERS SOLE ADMINISTRATORBREAKING: TINUBU SWEAR-IN IBAS AS RIVERS SOLE ADMINISTRATORBREAKING: TINUBU SWEARS IN IBAS AS RIVERS SOLE ADMINISTRATORSIM FUBARA LEAVES RIVERS GOVT HOUSE AS SOLE ADMINISTRATOR PREPARES TO TAKE CHARGESIM FUBARA LEAVES RIVERS GOVT HOUSE AS SOLE ADMINISTRATOR PREPARES TO TAKE CHARGEEMERGENCY RULE: PDP GOVERNORS TO DRAG TINUBU TO COURTSOLDIERS HOLD FUBARA, FAMILY HOSTAGE IN RIVERS GOVT HOUSESOLDIERS HELD FUBARA, FAMILY HOSTAGE IN RIVERS GOVT HOUSEGOVERNOR PETER MBAH FLAGS OFF CONSTRUCTION OF 141 URBAN ROADS IN ENUGURIVERS ASSEMBLY BACKS EMERGENCY RULE, PLEDGES SUPPORT TO SOLE ADMINISTRATORRIVERS ASSEMBLY BACKS EMERGENCY RULE PLEDGES SUPPORT TO SOLE ADMINISTRATORTIMELINE FOR WIKE-FUBARA FIGHTS IN POLITICAL CRISIS IN RIVERS SINCE 2023TIMELINE OF WIKE-FUBARA FIGHTS IN RIVERS POLITICAL CRISIS SINCE 2023STATE OF EMERGENCY: TINUBU BLAMES FUBARA, SILENT ON WIKE’S ROLESTATE OF EMERGENCY IN RIVERS: TINUBU BLAMES FUBARA, SILENT ON WIKE’S ROLEPDP ACCUSES WIKE OF ANTI-PARTY, THREATENS TO EXPEL HIMSTATE OF EMERGENCY, OPPOSITION FIGURES, LAWYER TAKES STAND AS TENSION ENVELOPES RIVERSNATIONAL ASSEMBLY WAS DULY CONSULTED BEFORE EMERGENCY RULE – HOUSE SPOKESPERSONFUBARA BREAKS SILENCE, CALLS FOR CALM AMID SUSPENSIONPDP REJECTS EMERGENCY RULE IN RIVERS, INSISTS TINUBU HAS NO POWERS TO SUSPEND GOV FUBARAPDP REJECTS EMERGENCY RULE IN RIVERS, INSISTS TINUBU HAS NO POWERS TO SUSPEND GOV FUBARAPDP REJECTS EMERGENCY RULE IN RIVERS, INSISTS TINUBU HAS NO POWERS TO SUSPEND GOV FUBARAFUBARA’S REMOVAL UNCONSTITUTIONAL – NBAFLASH BACK: TINUBU TO GEJ: EMERGENCY RULE: DON’T TAMPER WITH GOVERNORS’ MANDATES (MAY 2013)EMERGENCY RULE: WHEREABOUTS OF FUBARA UNKNOWN AS MILITARY MOVES TRUCKS INTO GOVERNMENT HOUSETINUBU DECLARES STATE OF EMERGENCY IN RIVERS, SUSPENDS FUBARA FOR SIX MONTHSI’M SORRY, NYSC MEMBER WHO CRITICISED TINUBU BEGS FOR FORGIVENESSWIKE VS FUBARA: HOW WILL RIVERS’ CIVIL SERVANTS COPE?WIKE REVOKES PDP HEADQUARTERS LAND APPROVALRIVERS ASSEMBLY LAWMAKERS RIGID, UNCOMPROMISING – STATE GOVTRIVERS ASSEMBLY LAWMAKERS RIGID, UNCOMPROMISING – STATE GOVTNATASHA CALLS NIGERIAN SENATE A ‘CULT’ SAYS SUSPENSION MEANS OF SILENCING HER – INTERVIEW WITH BBCNATASHA CALLS NIGERIAN SENATE A ‘CULT’, SAYS SUSPENSION MEANS OF SILENCING HER – INTERVIEW WITH BBCNATASHA CALLS NIGERIAN SENATE A ‘CULT’, SAYS SUSPENSION MEANS OF SILENCING HER – INTERVIEW WITH BBCEXPLOSION ROCKS CRUDE OIL PIPELINE IN RIVERS STATETRUMP MOVES TO CLOSE DOWN VOICE OF AMERICATRUMP MOVES TO CLOSE DOWN VOICE OF AMERICAIMPEACHMENT: FUBARA IS GOING NOWHERE – FAYOSEFUBARA NOT SERVED IMPEACHMENT NOTICE – RIVERS GOVTCOURT FIXES APRIL 16 TO RULE ON DEFECTION CASE AGAINST PRO-WIKE LAWMAKERSHOW AMOSUN DEMOLISHED MY CEMENT PROJECT PLANT TWICE – DANGOTETINUBU APPOINTS KUKAH FEDERAL VARSITY KADUNA PRO-CHANCELLORHOW MY MOTHER RUINED MY CAREER – NOLLYWOOD ACTRESS, REGINA DANIELSCORPS MEMBER WHO CALLED TINUBU ‘TERRIBLE PRESIDENT’ DESERVES CAPITAL PUNISHMENT – MEDIA AIDEYOU LACK POWER TO PROSECUTE OFFENCES UNDER ELECTORAL ACT – COURT TELLS AGFALLEGATIONS OF GROSS MISCONDUCT AGAINST RIVERS DEPUTY GOVERNOR, NGOZI ODUHOW FATHER OF NYSC MEMBER WHO CRITICISED TINUBU GOVT DIED AFTER PROTESTING GOVT’S DEMOLITION OF HIS PALM PLANTATIONHOW FATHER OF NYSC MEMBER WHO CRITICISED TINUBU DIED AFTER PROTESTING GOVT’S DEMOLITION OF HIS PALM PLANTATIONHOW FATHER OF NYSC MEMBER WHO CRITICISED TINUBU DIED AFTER PROTESTING GOVT’S DEMOLITION OF HIS PALM PLANTATIONNORTHERNERS SLAM TINUBU’S SON, SEYI, FOR DISTRIBUTING FOOD AS RAMADAN AIDGOVERNORS MOVE AGAINST DIRECT ALLOCATION TO LGS, LOBBY TINUBURIVERS ASSEMBLY COMMENCES IMPEACHMENT PROCEEDINGS AGAINST GOV FUBARA, DEPUTYMY MARRIAGE IS SHAKEN – NOLLYWOOD ACTRESS, MERCY JOHNSONLABOUR LEADERS BETRAYED WORKERS OVER MINIMUM WAGE – OBASANJOLABOUR LEADERS BETRAYED WORKERS OVER MINIMUM WAGE – OBASANJOGOVT SHOULD BE TOLERANT OF CRITICISMS – TUC DEFENDS VIRAL NYSC MEMBERMORE APC TOP LEADERS, OTHERS DEFECTING SECRETLYLAGOS MEN SPENT N661BN ON ‘RUNS GIRLS’ IN 2024 – SURVEYCRIMINALS, DRUG ADDICTS, KIDNAPPERS BECOMING TRADITIONAL RULERS – OBASANJONIGERIAN GOVT PLANNING TO ARREST ME – NATASHA RAISES ALARMWE ARE ALL NATASHA: SENATOR’S SEXUAL HARASSMENT CLAIMS ROIL NIGERIA – THE GUARDIANBUHARI PROTECTED CRIMINAL ELEMENTS THAT TERRORISED NIGERIA – OBASANJOJUDICIAL PANEL FAULTS SUPREME COURT JUDGEMENT ON RIVERS STATEFUBARA OBSTRUCTING IMPLEMENTATION OF SUPREME COURT JUDGEMENT – RIVERS ASSEMBLY CLAIMSI HAVE NOT DISCUSSED JOINING SDP WITH ANYONE – EX-GOV BONI HARUNAI HAVE NOT DISCUSSED JOINING SDP WITH ANYONE – EX-GOV BONI HARUNAHOW I ATTENDED IPU MEETING IN NEW YORK – NATASHAFUBARA IN LIMBO AS LAWMAKERS SUSPEND SITTING INDEFINITELYGIVE MY FOUR DAUGHTERS A CHANCE – AKPABIO PLEADSDUBEM ONYIA! GOD WHY?INSIDE STORY OF EL-RUFAI 2027 AGENDA TO STOP TINUBUNIGERIA, SOUTH AFRICA EXEMPTED AS TRUMP PLANS TRAVEL BAN ON 43 COUNTRIESPEACE FAILS TO RETURN TO LAGOS ASSEMBLY AFTER MEETING WITH TINUBUPEACE FAILS TO RETURN TO LAGOS ASSEMBLY AFTER MEETING WITH TINUBUCRISIS AS LP SACKS 30 MEMBERSCRISIS AS LP SACKS 30 MEMBERSINSECURITY IN NORTHERN NIGERIA DUE TO POVERTY – PETER OBIFUBARA SURROUNDS HIMSELF WITH SELFISH ADVISERS – WIKEDSS ARRESTS FIVE SUSPECTED KIDNAPPERS IN ENUGUNIGERIA PROBES INTO NATASHA AKPOTI-UDUAGHAN’S PARTICIPATION AT IPUPDP GOVERNORS TAKE CONTROL OF PARTY AS DAMAGUM STEPS DOWNEL-RUFAI INVITES ATIKU, OBI, OTHERS TO JOIN SDPYOUR POLICIES WORSENED THE SITUATION – AFENIFERE TELLS TINUBUOBASANJO ACCUSES BUHARI REGIME OF MONUMENTAL CORRUPTION, MALAMI FIRES BACKSANUSI REMAINS EMIR – KANO GOVTI’M NOT A RELIGIOUS BIGOT – TINUBUENUGU GOVT MOVES MOTOR SPARE PARTS TO NEW SITEENUGU YOUTHS CAUTION WIKE OVER REMARKS AGAINST MBAHENUGU YOUTHS CAUTION WIKE OVER REMARKS AGAINST MBAHHEAT WAVE RAGESHEAT WAVE RAGESFG DENIES FRESH CLAIMS OF TARGETED KILLINGS OF CHRISTIANSMY REFORM HARD CHOICE NIGERIANS MUST FACE – TINUBU TO CATHOLIC BISHOPSCATHOLIC BISHOPS ASK TINUBU, GOVS TO HALT SPONSORSHIP OF PILGRIMAGE OVER CORRUPTIONKANO EMIRATE: APPEAL COURT STOPS SANUSI’S REINSTATEMENTNIGERIAN STUDENTS IN U.S. FACE DANGER OF DEPORTATIONBUDGET RE-PRESENTATION: RIVERS ASSEMBLY ADJOURNS SITTING INDEFINITELYEBIRA YOUTH LEADER BLAST SENATOR NATASHA, CALL HER ‘UNREPENTANT BLACKMAILER’EBIRA YOUTH LEADERS BLAST NATASHA, CALL HER ‘UNREPENTANT BLACKMAILER’EAT THE PARTY, I SHOULD HAVE BEEN EXPELLED – EL-RUFAI MOCKS APC LEADERSHIP
Thu. Mar 20th, 2025

NAIRA CRASH: EFCC ARRESTS 34 CURRENCY SPECULATORS IN ABUJA

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NAIRA CRASH: EFCC ARRESTS 34 CURRENCY SPECULATORS IN ABUJA

As part of efforts to improve the value of the naira, operatives of the Economic and Financial Crimes Commission (EFCC) attached to the Taskforce on Currency Mutilation, Dollarization of the Economy and Forex Malpractice, have arrested 34 suspected currency speculators over alleged foreign exchange fraud.

They were arrested on Friday, April 26, in a sting operation following credible intelligence about illegal sale of dollars at the Wuse Zone 4 area of the FCT, Abuja.

EFCC spokesman, Dele Oyewale, listed the names of those arrested as: Usman Mohammed, Abdullahi Nasir, Abubakar Saleh, Mohammed Kabir Ibrahim, Abubakar Ghadafi, Muktar Usman, Umar Abubakar Abba, Yakubu Sani, Aminu Abubakar, Muhammed Suleman Abara, Yusuf Tahir, Usman Lawal, Usman Lawal, Usman Umar and Amina Garba Rola.

Other suspects as: Muhammed Aliyu, Murtala Haruna, Sani Mohammed, Umar Farouk, Muhammed Sagiuru, Aminu Salisu, Lawal Bello, Munzali Hashim, Jamilu Suleiman, Mustapha Umar, Mubarak Tanimu, Adamu Garba, Mohammed Usman, Bello Musa, Saleh Mohammed Naseer, Zaharadeen Yau, Musa Umaru Adamu, Usman Machido and Abdulaziz Abubakar Abba.

Oyewale said the arrests came on the heels of the EFCC’s consistent efforts to sanitise and stabilise the foreign exchange market.

He said that the suspects would soon be arraigned in court upon conclusion of investigations.

    • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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