From Desmond Mgboh, Kano
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested eight suspected forex racketeers in Kano.
The development followed a raid by the anti- economic crime body at the popular Bureau de Change market in Kano, otherwise known as (Wapa).
EFCC sources volunteered that the raid was conducted in an effort to arrest the recent hike of foreign exchange (Forex).
“The Commission has been watching closely the role played by the illegal forex traders, which had contributed immensely to the unfortunate hike in the exchange rate in the country.