The trial Judge, Justice Mohammed Umar, subsequently adjourned the matter sine die.
The EFCC, in the suit, marked FHC/ABJ/CR/573/2022, is prosecuting Mr Bello and three others on an alleged N3 billion money laundering charge.
Mr Kanaya said, “All BDCs are allowed to sell to eligible end-users at a margin not more than one per cent above the purchase rate from CBN.’’
The naira traded at N1,600 to the dollar on Monday.
The naira plunged into a swift freefall in the past few days until Nigerian authorities stepped in to halt its dramatic fall.
The naira dipped further, trading at N1,825 to a dollar, despite efforts by the EFCC to disrupt the activities of perceived manipulators and speculators.
“From well over N710 to the dollar, following the commission’s intervention, the naira has appreciated significantly against the dollar,” said Mr Bawa.
Checks by Peoples Gazette on Tuesday revealed that the naira gained value at the parallel market, rising to N665 per dollar from N710 last week.
The House of Representatives member wants CBN to seize all dorm accounts for 12 months.
The association maintained that BDCs are empowered to source FX from other sources and also to provide various services to members of the public.
