•Naira abuse The Central Bank of Nigeria has raised the alarm that the abuse and poor handling of naira banknotes are significantly increasing the cost of printing and replacing them. The warning came yesterday during the launch of a nationwide sensitisation campaign on proper naira handling, held in Abuja, reports The PUNCH. Delivering a keyn...
•Adeyanju HUMAN rights lawyer and activist, Deji Adeyanju, Friday, called on the National Assembly to repeal Section 21, Central Bank of Nigeria (CBN) Act, 2007 on abuse of the Naira. In an open letter signed by Adeyanju and addressed to the National Assembly, which was made available to our correspondent, he said the rigid application [&helli...
•E-Money After hours of questioning by operatives of the Economic and Financial Crimes Commission, a popular Lagos socialite, Emeka Okonkwo (a.k.a. E-Money) purportedly regained his release yesterday evening. E-money had been picked on Monday night at his residence in the Omole area of Lagos and taken to the commission’s office in Abuja for qu...
•Emeka Okonkwo a.k.a. E-Money The Economic and Financial Crimes Commission (EFCC) has arrested socialite E-Money over alleged money laundering. It was learned that E-Money, whose real name is Emeka Okonkwo, was arrested by the anti-graft agency in the Omole area of Ikeja in Lagos State, reports Channels TV. E-Money has now been taken into the ...
•Terry Apala (L) A Federal High Court sitting in Lagos today has ordered the remand of hip hop musician, Terry Alexander Ejeh, also known as Terry Apala, for a charge of naira abuse. Justice Akintayo Aluko ordered his remand in the Ikoyi Correctional Centre, Lagos, till May 5, 2025, when his bail application would be […]
•Raheem Okoya Raheem Okoya, son of billionaire businessman Chief Razaq Okoya, has issued a public apology for his involvement in a viral video that showed him and his brother, Wahab abusing naira notes. The video sparked widespread criticism and led to the detention of a mobile police officer who appeared in the clip, reports The […]
The Nigeria Police Force has faced widespread criticism for detaining an officer who appeared in a viral video with billionaire businessman Razaq Okoya’s sons. The video showed the officer helping Okoya’s sons carry bundles of cash as one of them promoted his new song “Credit Alert”. The police statement, condemning the officer’s actions and a...
•Cubana Chief Priest A Federal High Court sitting in Lagos today struck out the charge of naira abuse filed against celebrity bartender, Pascal Okechukwu, popularly known as Cubana Chief Priest, by the Economic and Financial Crimes Commission (EFCC). The presiding judge, Justice Kehinde Ogundare directed Okechukwu to forfeit the sum of N10 mil...
•EFCC operatives and Cubana Chief Priest In a latest development, the Economic and Financial Crimes Commission (EFCC) and celebrity barman, Cubana Chief Priest, have agreed to settle the naira abuse charge slammed against the socialite out of court. Recall the Federal High Court in Lagos State, on Wednesday, April 17, granted Cubana Chief Prie...
•Jailed cross-dresser, Bobrisky Controversial cross-dresser and socialite, Idris Olanrewaju Okuneye, popularly known as Bobrisky, has filed a notice of appeal challenging his conviction on a four-count charge of Naira abuse. In his Notice of Appeal filed by his lawyer, Bimbo Kusanu, Bobrisky is asking the court to set aside the six months impr...

