EFCC issues warning to banks, Bureau De Change operators over redesigned naira notes:

The Executive Chairman of Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has vowed to go after hoarders of naira, as the redesigned currency is set for release.

Ripples Nigeria had reported that on December 15, the Central Bank of Nigeria (CBN) will release the redesigned naira notes of N200, N500 and N1000.

CBN governor, Godwin Emefiele, had disclosed the plan on Wednesday, and also complained that Nigerians are hoarding about N2.7 trillion from the financial system.