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    DSS arrests persons selling new naira notes, banks implicated

    Opalim LiftedBy Opalim LiftedJanuary 30, 20231 Comment2 Mins Read
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    Local governments share N1.35tn with states, FG for June allocation
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    The Department of State Services on Monday said its officers have arrested an undisclosed number of persons involved in the sale of the new naira notes.

    The DSS, in a statement on Monday by its spokesman, Peter Afunanya, accused some commercial bank officials of aiding the crime.

    The statement was titled, ‘DSS intercepted syndicates selling new currency notes, bank official implicated’.

    It read, “The Department of State Services hereby informs the public that it has intercepted some members of organized syndicates involved in the sale of the newly redesigned naira notes.

    In the course of its operations, in this regard in parts of the country, it was also established that some commercial bank officials are aiding the economic malfeasance.

    “Consequently, the Service warns the currency racketeers to desist from this ignoble act.

    Appropriate regulatory authorities are, in this same vein, urged to step up monitoring and supervisory activities to expeditiously address the emerging trend.

    • Anger and frustration across the country over scarcity of new naira notes

    “It should be noted that the Service has ordered its Commands and Formations to further ensure that all persons and groups engaged in the illegal sale of the notes are identified.

    Therefore, anyone with useful information relating to this is encouraged to pass the same to the relevant authorities.”

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    Radda denies 2027 VP ambition, says governorship is his only focus

    Radda denies 2027 VP ambition, says governorship is his only focus

    June 26, 2025
    IPOB rejects Tinubu's 'absurd land grabbing' ranching proposal

    Tinubu withholds assent to NDLEA amendment bill

    June 26, 2025
    Police prevent Bandits attack, rescue kidnapped victims in Katsina

    Bandits kill eight, injure one in attacks on Sokoto communities

    June 26, 2025
    Makinde renames Polytechnic Ibadan after former governor Olunloyo

    Makinde renames Polytechnic Ibadan after former governor Olunloyo

    June 26, 2025
    ADA not yet registered, INEC clarifies amid 2027 election buzz

    INEC conducts by-elections August 16

    June 26, 2025
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