Operatives of the Economic and Financial Crimes Commission, EFCC on Tuesday arrested an unconfirmed number of suspects as it raided the offices of black market currency dealers in Abuja.

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iBrandtv gathered that the armed officials, stormed the Sheraton Hotel area of Abuja to arrest some Bureaux De Change operators.

According to an eyewitness, the arrested suspects were dragged into waiting vehicles, as pedestrians trudged the scene.

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During the week, the naira had depreciated further against the dollar at the parallel market as it exchanged for N880 per dollar as of Monday, October 31.

This follows the Central Bank of Nigeria’s announcement that the proposed newly-redesigned naira notes would be in circulation from December 15, 2022.

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The Spokesperson for the EFCC, Wilson Uwujaren said he would get back to newsmen to confirm the operation when contacted.

“I will check and get back to you,” he said.

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The EFCC had in the wake of the recent announcement by the Central Bank Nigeria of plans to redesign and re-issue higher denominations of the naira, warned Bureau de Change operators to be wary of currency hoarders who would attempt to seize the opportunity to offload the currencies they had illegally stashed away.

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