{"id":312414,"date":"2024-02-29T21:24:39","date_gmt":"2024-02-29T20:24:39","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=312414"},"modified":"2024-02-29T21:24:39","modified_gmt":"2024-02-29T20:24:39","slug":"police-arrest-10-illegal-forex-operators-in-edo","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2024\/02\/29\/police-arrest-10-illegal-forex-operators-in-edo\/","title":{"rendered":"Police arrest 10 illegal forex operators in Edo"},"content":{"rendered":"<ul>\n<li><strong>Adeboye highlighted that forex hawkers significantly influence the naira&#8217;s exchange rate, expressing concern about relying on roadside sources for foreign currencies in the 21st century<\/strong><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p>The operatives of the Edo State Police Command have arrested 10 illegal forex operators, also known as Bureau de Change, in the state.<\/p>\n<p>The Commissioner of <a href=\"https:\/\/www.withinnigeria.com\/news\/2024\/02\/25\/police-arrest-three-over-attempt-to-cause-chaos-at-kano-pharmaceutical-market\/\">Police<\/a> in charge of the command, Funsho Adeboye, disclosed this to newsmen on Thursday in Benin City.<\/p>\n<p>According to him, \u201cWe arrested 10 forex hawkers, that is, people who illegally deal in the sales of foreign currencies. They have been identified for illegally dealing in the sales of foreign currencies.<\/p>\n<p>\u201cWe have Bureau De Change operators who are operating legally, and we didn\u2019t touch them. We only arrest those who hawk foreign currencies,\u201d he said.<\/p>\n<p>Adeboye highlighted that forex hawkers significantly influence the naira&#8217;s exchange rate, expressing concern about relying on roadside sources for foreign currencies in the 21st century.<\/p>\n<p>He urged people to utilize banks for foreign currency transactions and noted the government&#8217;s effort in registering Bureau De Change operators for convenience. Emphasizing the crackdown on illegal forex operators, he encouraged the public to visit registered offices instead of engaging with roadside operators.<\/p>\n<p>He, however, advised operators with genuine licenses for BDC to carry on their legitimate activities without middlemen so that the nation\u2019s economy can move forward.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adeboye highlighted that forex hawkers significantly influence the naira&#8217;s exchange rate, expressing concern about relying on roadside sources for foreign currencies in the 21st century The operatives of the Edo State Police Command have arrested 10 illegal forex operators, also known as Bureau de Change, in the state. The Commissioner of Police in charge of [&hellip;]<\/p>\n","protected":false},"author":49,"featured_media":172216,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[3],"tags":[69642,75,14565,27],"class_list":["post-312414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","tag-bdc","tag-edo","tag-forex","tag-police"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Police arrest 10 illegal forex 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