The Economic and Financial Crimes Commission (EFCC) has said it will arrest and prosecute anyone that abuses the naira, stating that its task force against naira abuse and dollarisation of the economy started operations on February 7 this year. The Commission, in a statement on its X account on
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Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.

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