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News

DSS busts syndicates selling new naira notes

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: January 30, 2023
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1 Min Read
DSS
Department of State Security (DSS)
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The Department of State Services (DSS) has announced the interception of members of organized criminal groups involved in the illegal sale of the newly redesigned Nigerian naira notes.

In a statement by DSS spokesman, Peter Afunanya, the Service also revealed that some commercial bank officials have been found to be aiding this economic misconduct.

The DSS has warned currency racketeers to stop these illegal activities and has called on regulatory authorities to increase their monitoring and supervisory activities to quickly address this growing trend.

The Service has also ordered its Commands and Formations to identify all individuals and groups engaged in the illegal sale of the new notes.

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Afunanya urged anyone with relevant information about the illegal sale of the new naira notes to report it to the authorities.

The DSS is committed to taking strong action against anyone found engaging in illegal activities related to the nation’s currency.

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ByMuhammad A. Aliyu
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Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
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