EFCC Targets Embassies Demanding Payment in Dollars

EFCC Targets Embassies Demanding Payment in Dollars

In response to a concerning trend amidst Nigeria’s economic challenges, the Economic and Financial Crimes Commission (EFCC) has warned embassies regarding currency transactions. Chairman Ola Olukoyede conveyed this warning in a direct memo to the Minister of Foreign Affairs, dated May 5, 2024. The memo strongly emphasizes the illegality of embassies demanding anything other than…