Connect with us

News

170 currency racketeers arrested, 23 jailed in one month – EFCC

Published

on

170 currency racketeers arrested, 23 jailed in one month – EFCC

The Economic and Financial Crimes Commission has secured the conviction of 23 illegal Bureau De Change operators and naira racketeers within the last month, as the commission arrested and arraigned 170 for similar offences.

The EFCC Special Task Force also arrested 116 illegal BDC operators, currency racketeers in Enugu State during a massive clampdown.

During the Enugu clampdown, the EFCC recovered N110.7m, $8,368.00, £145.00, €2,725; 900 South African Rand; 32,000.00 CFA; 100 Turkiya; and 500 Bank Mozambique currencies.

The EFCC also revealed that the International Criminal Police Organisation, the United States’ Federal Bureau of Investigation, the governments of the United Kingdom, Northern Ireland, and Kenya, are assisting in the extradition of a Binance Holding Limited’s executive, Nadeem Anjarwalla over an ongoing alleged $35,400,000 money laundering probe.

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

Details of the development were revealed in an EFCC document sanctioned by the commission’s Chairman, Ola Olukoyede, titled “EFCC Alert,” which was obtained by our correspondent on Tuesday.

The document further revealed that the EFCC Special Task Force had swung into action since its formation on February 7, 2024 and had been getting impressive results.

Olukoyede said the arrests and convictions were a testament to the hard work of the EFCC.

Advertisement

He noted, “That the EFCC has secured 23 convictions for the offence of currency racketeering and operation of illegal BDCs with the Special Task Force in less than a month lends evidence to hard work and dedication.

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

“Eleven of the convictions were recorded in Kano alone; three in Ilorin, the Kwara State capital, five in Lagos, one in Port Harcourt and three in Kaduna.

“Currently facing prosecution for the same offenses are 170 suspects, spread across just eight zonal offices of Kano, Ibadan, Enugu, Lagos, Abuja, Port Harcourt, Uyo and Maiduguri.”

He further revealed that during a sting operation, EFCC operatives arrested 116 suspects, comprising a mix of illegal Bureau de Change operators, currency speculators and street hawkers operating illegal foreign exchange markets.

The document further revealed that, “Of the haul of 116 arrests made in Enugu in a sting operation, comprising a mix of illegal bureau de change operators, currency speculators and street hawkers operating illegal foreign exchange markets, recoveries included, N110, 700,000.00, $8,368.00, £145.00, €2,725; 900 South African Rand; 32,000.00 CFA; 100 Turkiya; and 500 Bank Mozambique currencies in different denominations, and an abandoned safe by currency street hawkers.

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

“Some of the suspects are foreigners from neighbouring countries. It is cheerless that whereas denominating service charges and prices in currencies order than the naira, as well as naira mutilation and offering it for sale are designated as offences in the country, enforcement has been lax until the EFCC under Olukoyede took up the gauntlet.”

Source: PUNCH NEWS

Advertisement

 

News

Wike’s Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

Published

on

PDP: 'Bringing Obi to where'? It's not possible - Wike vows

A report by Sahara Reporters widely shared on internet claimed that FCT minister Nyesom Wike was diagnosed with congestive heart failure

The online news platform said sources privy to the minister’s health status informed it that Wike has been diagnosed with congestive heart failure and is currently under medical management in the UK.

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

Lere Olayinka Wike aide

However, checks by Legit.ng showed that no other reputable platforms have the report

Wike’s absence from public appearances sparked bizarre rumours online, with several netizens commenting that he might be out of Nigeria for medical reasons.

Amid the anxiety over Wike’s whereabouts, Olayinka posted on his verified X (formerly Twitter) page:

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

Lere Olayinka, senior special assistant on public communication and social media to Nyesom Wike, on Sunday, September 14, disclosed that his principal will be on a popular political show on Thursday, September 18, 2025.

 

 

Continue Reading

News

2027 Election: “Tell Tinubu This”,  – Primate Ayodele Sends Strong Warning To Tinubu In New Prophecy

Published

on

Primate Ayodele: A priest or political analyst? His 7 prophecies that failed
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has told President Tinubu to focus on policies that will make Nigerians happy, other than some of his current policies, which he described as ‘irrelevant’, also revealed some of the advisers to lead to the end of his government if care isn’t taken.

Prophet Ayodele has consistently been in the news week in, week out. It is either he is releasing a fresh prophecy that’s gaining traction or a previous prohecy has just come to fulfilment and people are talking about it.

In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele stated that the present administration is full of wrong advisers who are pushing for irrelevant policies, and making good advisers enemies of the president.

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

The prophet warned the president against making good advisers his enemies, as it will lead to the end of his government if care isn’t taken.

“Tinubu’s administration is full of wrong advisers; they are turning him against his good advisers, and he will make them his enemies. He is creating enemies, and those whom he thinks love him would be his worst enemies.

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

“There are lots of irrelevant policies they are using to kill Tinubu’s government; these are policies that will build up massive protests against the government and division. He should do the needful; there are several irrelevant policies already, but the focus ought to be on what will make people happy. “

Primate Ayodele mentioned some things the president should focus on, and they include development and surplus for the people. He stated that road construction is good, but it’s not enough for the people.

He commended the president for his efforts on insecurity but urged him to do more.

Advertisement

“Tinubu should focus on development, on how to create surplus for the people. Road construction is good, but it’s not the only thing people need; he needs to look into other areas.

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

“On insecurity, he is doing well, but he should do more, activate forest security in order to end kidnapping. He should increase the salaries of national assembly members because it will turn the nation into chaos. He should also eradicate darkness, and not add more tariffs and taxes to basic things in the country.”

Continue Reading

News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 14th September 2025

Published

on

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

See the black market Dollar to Naira exchange rate for yesterday 13th September, below. You can swap your dollar for Naira at these rates.

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1520 and sell at N1550 yesterday 13th September 2025, according to sources at Bureau De Change (BDC).CLICK LINK TO CONTINUE READING

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

Aboki BDC

Yemi Cardoso CBN Governor

Continue Reading

News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 13th September 2025

Published

on

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

See the black market Dollar to Naira exchange rate for yesterday 11th September, below. You can swap your dollar for Naira at these rates.

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1525 and sell at N1550 yesterday 12th September 2025, according to sources at Bureau De Change (BDC).CLICK LINK TO CONTINUE READING

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

Aboki BDC

Yemi Cardoso CBN Governor

Continue Reading

News

EXPOSED: Truth About Peter Obi’s Son Revealed, Close Friend Speaks

Published

on

Amidst swirling rumors surrounding Oseloka Obi, the son of Peter Obi, the Labour Party’s presidential candidate for 2023, a new twist has emerged regarding persistent allegations about his gender identity.

In response to a flurry of speculation, Oseloka has taken a stand against the viral claims connecting him to homosexuality, which were sparked by the circulation of photographs featuring him alongside Kent Okwesa, a British-Nigerian based in London. Click link to continue reading.

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

 

Continue Reading

News

MANCHESTER DERBY: Erling Haaland Vows To Revenge Against United

Published

on

“We’ve lost two games in a row, it’s not good enough, it’s way too bad,” he said, speaking to Viaplay in Norway. “We need to figure it out, get back to winning ways.

Pep Guardiola’s side are in the bottom half of the Premier League table heading into the clash having lost back-to-back matches against Tottenham and Brighton before the international break. Click link to continue reading.

READ ALSO  Wike's Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention

Continue Reading

Most Visited