Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

FX Probe: EFCC Raids Dangote Office in Lagos Operatives of the Economic and Financial Crimes Commission (EFCC) besieged the Head office of the Dangote Group of Companies in Lagos State amidst the ongoing foreign exchange probe. The anti-graft commission is probing the alleged preferential allocations of forex to the Dangote Group owned by billionaire Aliko Dangote and 51 other companies under the Emefiele-led CBN. The search for relevant foreign exchange allocation and other related documents at the group headquarters in Ikoyi started at 3 p.m. on Thursday is still ongoing as of the time of filing this report. According to…

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