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
A statement from EFCC says the suspects identified as Adeoti Folake and Adewuyi Modupe were apprehended in Lagos on Friday, March 21, 2025 while allegedly hawking Naira notes.
The agency says 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.
