EFCC nabs two for selling naira notes, seizes millions

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 Adewuyi 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.

Oyewale said, “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 and N1,600.000 were recovered from them respectively. The suspects will be charged to court upon the conclusion of investigations.”

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