Nigerian Banker Apprehended For Hoarding N29m Worth Of New Notes 

The Economic and Financial Crimes Commission has arrested a bank’s operations manager in Abuja for hoarding N29m worth of new naira notes. <br />Nigeria’s apex bank, the Central Bank of Nigeria fixed February 10 as the deadline for swapping the old naira notes with the new ones. But there is a scarcity of banknotes, a development that led to the intervention of security agencies. <br />The EFCC, which is one of the agencies, said it arrested the unnamed bank staff in one of its operations.