With Valentine’s Day 2026 just days away, a wave of reactions has erupted online after reports emerged that the Central Bank of Nigeria (CBN) has reiterated that arranging Naira banknotes into decorative “money bouquets” and similar cash gifts could land celebrants in legal trouble including a possible six-month jail term or a fine of ₦50,000 under Nigerian law.
According to multiple reports, the apex bank responsible for protecting the integrity of the national currency considers the practice of folding, stapling, or otherwise transforming naira notes into decorative arrangements as “naira abuse,” which is prohibited under Section 21 of the CBN Act and related financial regulations.
The warning, widely shared across social media platforms and discussed in blog posts, has sparked concern and frustration among Nigerians planning romantic gestures for February 14. Cash bouquets often combined with flowers or presented as lavish Valentine’s gifts have become a popular trend in recent years, especially among couples and gift vendors in cities like Lagos and Abuja.
What the Law Says
Under existing currency laws, it is a criminal offence to tamper with, deface, fold, staple, spray, or otherwise mishandle naira banknotes in ways that compromise their integrity. If convicted, offenders could face a minimum of six months’ imprisonment, a fine of at least ₦50,000, or both penalties. The same rules apply to other forms of naira abuse such as money cakes, cash towers, and similar decorative cash displays.
Public Reaction and Impact
The renewed attention on this issue coming just before one of the year’s most high-profile gift-giving occasions has drawn a mix of responses. Some Nigerians have taken to social media with humorous memes and light-hearted commentary, while others have expressed disappointment, saying that the timing feels insensitive to those who enjoy making extravagant romantic gestures.
Florists, artisans, and vendors who offer cash bouquet services may also feel the impact, with some already advising customers to pivot to traditional flowers, thoughtful non-cash gifts, or digital money transfers as lawful and safe alternatives.
CBN’s Currency Protection Mandate
The CBN stresses that the directive is not specifically a Valentine’s Day ban but a reiteration of existing currency protection rules designed to preserve the value and lifespan of the naira a shared national responsibility. Authorities argue that tampered banknotes are more difficult and costly to replace, and that everyday respect for the currency helps strengthen public confidence.
As 14 February approaches, lovers and gift planners are being urged to choose legal, creative alternatives such as floral bouquets, handwritten notes, romantic experiences, or electronic transfers to celebrate without running afoul of currency laws.
-Advertisement-
Grab our latest Magazine, "Kelechi Amadi-Obi - Transcending the worlds of Law, Visual Art and Photography". Get your order fast and stress free.
For more details about Newswire Law&Events Magazine, kindly reach out to us on 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk. You will be glad you did
Download E-MagazineDo you want to be heard, your events covered, your articles published, or need to advertise your products and services on our Blog and Magazine, reach out to us at Newswire Law and Events, you will be glad you did. For more details about our services, please call: 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk
