Court Jails Two Women For Hawking Naira In Lagos

Justice Yellin Bogoro of the Federal High Court, Ikoyi, Lagos, on Friday, sentenced two women; Folake Adeoti and Modupe Adewuyi, to one year imprisonment each for hawking Naira notes in violation of the Central Bank of Nigeria Act. According to a Sunday statement posted on X by the Economic and Financial Crimes Commission, the defendants…

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‘Respect The Currency,’ E-Money Tells Nigerians After EFCC Arrest

Nigerian businessman and socialite Emeka Okonkwo, popularly known as E-Money, has urged Nigerians to stop spraying the Naira or any other currency at parties, warning that the practice constitutes currency abuse and is punishable by law. In a post shared via Instagram on Thursday, E-Money cited the Economic and Financial Crimes Commission’s (EFCC) directive against…

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FLASH: EFCC Arrests Popular TikToker Over Alleged Naira Abuse 

The Economic and Financial Crimes Commission (EFCC) has arrested popular TikTok personality, Murja Ibrahim Kunya, in Kano over allegations of abusing the Nigerian currency, the naira. A source within the anti-graft agency confirmed Kunya’s arrest to Kano-based Freedom Radio over the weekend, noting that an investigation is currently underway. “The investigation is ongoing, and once…

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