Economic and Financial Crimes Commission (EFCC)

Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes

2 min read

Africa

Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes

After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank...

Nigerian Currency Redesign Controversy: Naira Slips by Almost 20%, Experts See Exchange Rate Reaching 1,000:1 USD Before Year End

admin November 5, 2022

The Nigerian currency appeared to accelerate its decline versus the U.S. dollar after it slipped to a...

Report: Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira’s Rapid Depreciation

admin August 9, 2022

Nigeria’s Economic and Financial Crimes Commission (EFCC) recently claimed it had identified individuals and organizations whose rapid...

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