Wednesday, October 7, 2026

EFCC to prosecute two women for alleged naira hawking in Lagos

“The suspects will be charged to court upon conclusion of investigations,” the statement said.

• March 24, 2025
EFCC/new naira notes
EFCC / New naira notes

The Economic and Financial Crimes Commission (EFCC) is set to prosecute two women arrested on Friday for allegedly hawking naira notes.

“Operatives of the Lagos Directorate 1 of the Economic and Financial Crimes Commission, EFCC, have arrested two suspects for their alleged involvement in Naira abuse,” said EFCC in a statement on Monday.

The agency said the suspects are “Adeoti Folake and Adewuyi Modupe were apprehended in Lagos on Friday, March 21, 2025 while allegedly hawking Naira notes.”

The anti graft agency stated that they recovered the sum of N3,850.000 and N1,600.000 from the suspects, respectively.

“The suspects will be charged to court upon conclusion of investigations,” the statement said.

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