EFCC arrests alleged currency speculator.

 The Economic and Financial Crimes Commission efcc has arrested an alleged currency speculator, Mustapha Muhammed also known as Mustapha Naira, in Abuja.

The commission made the announcement on their Twitter handle on Wednesday and also released a picture of the suspect.

The EFCC said the arrest was done as part of the commission’s effort to sanitize the foreign exchange sector.

The arrest was made on Saturday in the Wuse area of Abuja the Federal Capital Territory.

The commission tweeted, “As part of its ongoing operation to sanitise the foreign exchange sector and rid it of speculators and all shades of economic saboteurs, the EFCC has arrested one Mustapha Muhammed alias Mustapha Naira.

“He was picked up by men of the commission on Saturday, November 12, 2022, at Wuse Zone 4 in Abuja, the hub of parallel market operations in the Federal Capital Territory.

“The suspect has given useful insight while the investigation is still on.