EFCC arrests socialite, E-Money, for alleged naira abuse, suspect flown to Abuja
Officials of the Economic and Financial Crimes Commission on Monday, took popular Lagos socialite, Emeka Daniel, popularly known as E-Money, into custody.
The Chief Executive Officer of Emmy Cargoes Nigeria Limited and Five Star Music was nabbed on Tuesday at his residence in Omole, Lagos, for allegedly violating Nigeria’s currency laws.
The socialite was said to have allegedly sprayed naira at a public event, including the United States dollars thereby also violating Nigeria’s Foreign Exchange Act.
Mr Daniel, held at the commission’s Lagos office, is currently being flown to Abuja for questioning as investigation continues.
The EFCC spokesperson, Dele Oyewale, neither responded to calls made to his mobile nor replied to the text messages from Peoples Gazette seeking comments on the development as of the time this story was filed.
Mr Daniel is however expected to be charged to court upon completion of investigation by the anti-graft agency.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
World
Henri Kagan, Kenso Soai win Nobel chemistry prize
The Royal Swedish Academy of Sciences has awarded the Nobel Prize in Chemistry 2026 to Henri B. Kagan and Kenso Soai.
Lagos
Passenger on board Kenya Airways Lagos-bound flight dies
A passenger on board a Kenya Airways flight from Nairobi to Lagos on Tuesday died after being unresponsive for 20 minutes before the plane landed.
Lagos
LASTMA arrests truck driver after casualties recorded in multiple-vehicle crash
Operatives of the Lagos State Traffic Management Authority have apprehended a truck driver following a multiple-vehicle crash that critically injured four persons.
Politics
Tinubu hails Indian PM Modi for 25 years in political power
Mr Tinubu said the “quarter-century of unbroken leadership” testified to the confidence Indians placed in Mr Modi’s ability to deliver efficient governance.
Politics
Makinde-Daura group inaugurates presidential campaign committee
The Makinde-Daura group inaugurated its National Campaign Management Committee, emphasising grassroots mobilisation to win the majority of Nigeria’s 103 million registered voters.
Economy
Tinubu govt offers 40 oil blocks as Nigeria 2026 licensing round opens
The federal government has inaugurated the 2026 oil and gas licensing round, offering 40 blocks across land, shallow water and deepwater terrains to local and foreign investors.
