Big Brother Naija 2021 winner, Whitemoney has shared his experience in trying to get the new Naira notes following the deadline given by the Central Bank of Nigeria.
In a video he shared on his Instastory, the reality show star claimed that the new notes are not available in banks but he was shocked to see large sums of it with money changers at an event he attended.
Whitemoney further claimed that N700k in the new currency is now being sold for N1 million.
Watch the video below.
In similar news, Members of a syndicate of currency racketeers hoarding and trading the redesigned Naira notes in Abuja, have been arrested by operatives of the Economic and Financial Crimes Commission.
EFCC spokesperson, Wilson Uwujaren, said the operations were carried out in Zone 4 and Dei Dei axis of the Federal Capital Territory between Saturday, January 28, and Monday, January 30.
The operation followed intelligence on activities of unscrupulous currency speculators who were exploiting citizens by offering them the new naira notes for foreign currencies at below the going rate.
This is also coming after the Department of State Security Service announced that its operatives arrested some currency traders who have turned the sale of newly redesigned notes into brisk business.
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