The Economic and Financial Crimes Commission on Tuesday revealed that some foreign missions in Nigeria were using third parties to transact in foreign currencies.

The anti-graft agency, therefore, described the act as illegal under Nigerian law.

The EFCC spokesperson, Wilson Uwujaren, disclosed this in a monitored broadcast interview .

Contrary to sensational headlines, Uwujaren clarified that the EFCC did not have the authority to ban or direct foreign missions on their financial practices.

He stressed that it was illegal for foreign missions to transact in foreign currencies within Nigeria, prompting the commission’s advisory on using the naira.