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It’s aimed at targeting the tradition of the Nigerian people- Deji Adeyanju calls on the National Assembly to repeal the Naira Abuse provision in the CBN Act

Deji Adeyanju, a respected lawyer, has asked Nigeria’s National Assembly to remove the Naira Abuse rule from the Central Bank of Nigeria (CBN) Act. This law makes it illegal to tamper with the Naira, including common cultural practices like spraying money during celebrations. Adeyanju shared on his social media that the law does not just […]

Man sentenced in Lagos for spraying, stomping on Naira

A man named Okoli Frank Emeka has been sentenced to six months in prison by a Federal High Court in Lagos. His punishment came after he was found guilty of stepping on and damaging Nigerian currency at a social event. The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, took Emeka to court […]

EFCC Invites Tompolo For Questioning

The Economic and Financial Crimes Commission (EFCC) has asked Chief Government Ekpemupolo, also known as Tompolo, to come in for questioning. Tompolo is a well-known former militant leader from the Niger Delta region. The EFCC wants to speak with him about reports that he may have misused the Nigerian currency (naira) and may have been […]

Court Adjourns Sentencing Of TikToker, Murja Kunya Over Naira Abuse Case

The sentencing of Murja Ibrahimi Kunya, a popular TikTok personality, has been postponed by the Federal High Court in Kano. The court decided to move the date to May 20 after the Economic and Financial Crimes Commission (EFCC) requested to make changes to the charges against her at the last minute. Murja is currently on […]

T-Dollar & Tobination Sentenced For Naira Abuse

The Nigerian entertainment scene has been shaken after two rising stars, T-Dollar and TobiNation, were sentenced over the abuse of the Naira. Both were found guilty of mishandling the country’s currency, which is against the law. According to Eyes Of Lagos, the court delivered the judgment on Thursday, May 8, 2025. The case was handled […]

Naira Abuse: Lawyer, Ayo Shonaiya Poses Intresting Question To EFCC

Nigerian entertainment lawyer, Ayo Shonaiya, has raised a thought-provoking question following the EFCC’s recent crackdown on the abuse of the naira. The Economic and Financial Crimes Commission (EFCC) recently warned Nigerians against spraying the naira at public and private events, saying it is a criminal offense that disrespects the national currency. Reacting to this development, […]

EFCC arrests Kaduna-based content creator for Naira abuse

The Economic and Financial Crimes Commission (EFCC) has detained a content creator from Kaduna, Muhammed Kabir Sa’ad, for allegedly misusing Naira notes. EFCC made this announcement on Monday in an official statement. The Commission stated that Sa’ad posted a video on his TikTok and Instagram account, @youngcee0066, in which he was seen throwing Naira notes […]

Businessman, E-Money, reportedly released from EFCC custody

Popular businessman E-Money has been released from EFCC custody after his arrest on April 28 over alleged abuse of Naira and Dollar notes at a party. Blog Post:Popular Nigerian businessman, Emeka Okonkwo, also known as E-Money, has been released from the custody of the Economic and Financial Crimes Commission (EFCC). His close friend, Pascal Okechukwu, […]