Monday, July 20, 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.

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

farmers

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

Katsina State

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.”

Oyinkansola Badejo-Okusanya

Anti-Corruption

NBA president-elect submits self to post-election audit amid fraud, rigging allegations

Oyinkansola Badejo-Okusanya, the president-elect of the Nigerian Bar Association, says she is ready to subject herself to a post-election audit following her victory.

Bank of the Valley, Stearns Bank

Anti-Corruption

Bank CFO jailed 36 months in U.S. prison for fraud scheme

Mr Luneke defrauded Bank of the Valley, obtaining two loans totalling approximately $4,320,000.

Kylian Mbappe

Sport

Mbappe wins historic second World Cup Golden Boot as Spain sweep major individual awards

Mbappe is the first player to win the World Cup Golden Boot twice, having struck eight times to finish top scorer in the 2022 World Cup in Qatar.

Wang Jibing (Global Times)

World

Food delivery rider wins China’s Lu Xun Literature Prize in poetry

A 56-year-old Chinese food courier, Wang Jibing, has been named the winner of China’s Lu Xun Literature Prize in poetry.

Portable and TerryG

Showbiz

Portable challenges Terry G to boxing match

Nigerian singer Habeeb Okikiola, aka Portable, has challenged veteran artiste Terry G to a boxing match, saying the bout would revive Terry G’s career.

Southern Water

Economy

UK govt fines Southern Water £7 million for sewage pollution

The prosecution came almost exactly five years after Southern Water received a record £90 million fine for nearly 7,000 illegal sewage discharges.