EFCC arrests two for suspected Naira abuse in Lagos

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

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 ( Three Million, Eight Hundred and Fifty Thousand Naira) and N1,600.000 ( One Million Six Hundred Thousand Naira )were recovered from them respectively.

The suspects will be charged to court upon conclusion of investigations