EFCC Tackle Cryptocurrency Platforms, Others.

EFCC Tackle Cryptocurrency Platforms, Others.

Economic and Financial Crimes Commission says it will continue to tackle currency speculators and cryptocurrency platforms manipulating the naira.

EFCC was not only going after Binance but every cryptocurrency platform and others involved in the manipulation of the Nigerian foreign exchange market.

Spokesperson for the EFCC, Dele Oyewale, said the commission was doing everything lawful to ensure sanity within the country’s forex market, while, some foreign exchange market analysts said, the dollar rose slightly against the naira due to interbank moves of the commercial banks.

The Adhoc Committee Chairman of the Association of Bureaux De Change Operators of Nigeria, Almustapha Muhammed, said, it was true that the dollar gained during the week, and the BDCs were not behind the currency gaining as it resulted from certain moves of the commercial banks.

Head of Strategic Communication at the Office of the National Security Adviser, Zakari Mijinyawa is yet to speak on the matter.

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