Two women have been arrested by operatives of the Economic and Financial Crimes Commission for allegedly hawking naira notes.
The suspects, identified as Adeoti Folake and Adewuy, were arrested in Lagos on March 21.
A statement on Monday by the EFCC’s Head of Media and Publicity, Dele Oyewale, said the sum of N3,850,000 and N1,600,000 were respectively recovered from the suspects.
He said, “Operatives of the Lagos Directorate 1 of the Economic and Financial Crimes Commission have arrested two suspects for their alleged involvement in Naira abuse.
“The suspects, Adeoti Folake and Adewuyi Modupe, were apprehended in Lagos on Friday, March 21, 2025, while allegedly hawking naira notes.
“Upon their arrest, the sum of N3,850.000 and N1,600.000 were recovered from the,m respectively. The suspects will be charged to court upon conclusion of investigations.”
The EFCC has been going tough on those allegedly abusing the nation’s currency lately.
On March 17, the commission announced the arrest of the suspended coordinator, Edo State Public Safety Response Team, Kelly Okungbowa (a.k.a Ebo Stone) and popular TikTok influencer, Murja Kunya.
While Ebo Stone was following a viral video where he was seen spraying and mutilating the Naira at a bar on March 9, 2025, Kunya was nabbed for allegedly spraying Naira notes for fun during her stay in a hotel room at Tahir Guest Palace in Kano.
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