Learn more

The Economic and Financial Crimes Commission, EFCC, has warned foreign missions operating in Nigeria against conducting financial transactions in foreign currencies. Instead, the anti-grant agency told the missions that they must now use the Nigerian Naira for all their financial dealings stipulated by Nigerian law. The EFCC has also made it compulsory for Nigerian foreign missions abroad to accept Naira in their financial businesses. In a recent advisory to Yusuf Tuggar, the minister of foreign affairs, titled: “EFCC Advisory to Foreign Missions against Invoicing in US Dollar,” the EFCC expre…

cuu