The Economic and Financial Crimes Commission (EFCC) has revealed that cryptocurrency is being utilized as a means of payment for the importation of illegal arms into Nigeria.
EFCC Chairman Ola Olukoyede made the disclosure on Wednesday while receiving participants of the Executive Intelligence Management Course (EIMC) 18 of the National Institute for Security Studies (NISS), led by Director of Studies Hyginus Ngele, at the Commission’s headquarters.
Olukoyede said this development is one that everybody must take seriously.