In its efforts to ensure compliance to the new Naira Redesign Policy, the Central Bank of Nigeria, CBN, in collaboration with Econimic and Financial Crimes Commission, EFCC, visited some Deposit Money Banks and public spaces to investigate and ascertain level of compliance.
The joint task force led by Dr. Abubakar Abdullahi Kure, a CBN Director and MD NIRSAL Microfinance Bank, responded to a secret information of racketeering of the new naira notes around some banks in Abuja, Nigeria’s Capital.
Three people were arrested in connection with the sales of the new notes.
The Team Leader said they will continue to monitor and take necessary action to deal with persons or groups involved in racketeering.
