• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

  • Fact-Check
  • Economy
    • Customs Partners US Mission to Prevent Expanded Visa Ban

      Nigeria Customs Partners China on Smarter Ports, Officer Training, Reforms

      Comptroller General Nigerian Customs Bashir Adewale

      Customs Moves Against 223 Importers in N379bn Permit Breach

      Bashir Adewale Adeniyi Customs Boss

      How Customs is Tightening Borders to Stop Illicit Cash Flows –…

      Customs boss, CGC Bashir Adewale Adeniyi with NAFDAC DG Professor Moji Adeyeye

      Codeine, Tramadol Worth ₦20.5bn Seized as Customs-NAFDAC Cooperation Deepens

  • National
    • Okello Oculi

      Okello Oculi: A Pan-Africanist Asteroid Burns out Forever By Is’haq Modibbo…

      Coordinated Security Efforts Making Nigeria Safer Under Tinubu’s Administration – NSA…

      Abike Dabiri CEO NIDCOM

      NiDCOM Urges Restraint as Ghanaians Protest Against Nigerians Over Alleged Crimes

      Minister of Information and National Orientation, Mohammed Idris, with the Minister of Foreign Affairs, Ambassador Yusuf Tuggar with the President of NIPR, Dr. Ike Neliaku during the unveiling of the National Reputation Management Group at Abuja on 15th October 2024.

      NRMG Charged to Lead Battle Against Fake News, Reframe Nigeria’s Image

      Police Officer

      Again, FCT Police Raid Criminal Hideouts, Arrest 66 Suspects

    • Government
      • nipr logo

        NIPR Slams Fake News Peddlers over Alleged Lafia Flyover Collapse

        Tinubu Offers Automatic Jobs, Gifts N250k to 210 Ex-Corpers

        Alhaji Ahmed Maiyaki, Commissioner of Information, Kaduna State

        Kaduna Governor Appoints Strategic Communicator, Ahmed Maiyaki as Information Commissioner

        Okello Oculi

        Okello Oculi: A Pan-Africanist Asteroid Burns out Forever By Is’haq Modibbo…

        Coordinated Security Efforts Making Nigeria Safer Under Tinubu’s Administration – NSA…

  • Security
    • Coordinated Security Efforts Making Nigeria Safer Under Tinubu’s Administration – NSA…

      3,000 Terrorists Killed, 120,000 Surrendered in Two Years — Defence Chief

      Police Officer

      Again, FCT Police Raid Criminal Hideouts, Arrest 66 Suspects

      Troops Avert Terrorists’ IED Attack in Borno

      Military Troops during operations

      Troops Eliminate Terrorists, Disrupt Logistics Supply in Borno

  • Features
    • Okello Oculi

      Okello Oculi: A Pan-Africanist Asteroid Burns out Forever By Is’haq Modibbo…

      Leon Usigbe

      Death, you can’t be Proud of this By Abdulrahman Abdulraheem 

      Tinubu’s Plateau Gambit – Yilwatda, 2027, and the Return of the…

      Ozumi and a recipient of a wheelchair

      Wheels of Hope: How a Simple Gift is Reshaping Lives at…

      Late Ex-President Muhammadu Buhari and Mansur Liman

      “Buhari: A Blunt, Honest Leader Who Laughed at His Own Predicament”

  • State
    • nipr logo

      NIPR Slams Fake News Peddlers over Alleged Lafia Flyover Collapse

      Alhaji Ahmed Maiyaki, Commissioner of Information, Kaduna State

      Kaduna Governor Appoints Strategic Communicator, Ahmed Maiyaki as Information Commissioner

      Kaduna State Governor, Uba Sani

      Gov Sani sacks Commissioner, Announces New Appointment

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      United Nations Secretary-General António Guterres

      Palestinian Statehood Is a Right, Not a Privilege – UN Boss,…

  • Event
    • Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

      IPRA Celebrates 70th Anniversary, Hosts 2025 Golden World Awards in Ghana

      IMPR Interns

      Unpacking Dr. Fatima Binta’s NIPR Vision: A Candid Chat with PRNigeria…

      Dr. Ahmadu Fatimah Binta

      Beyond the Clinic: Dr. Fatimah Binta Reveals PR’s Impact on Medicine

      FGC Yauri schoolgirls

      Kidnapped FGC Yauri Schoolgirls Defy Odds, Graduate with Distinction from Top…

      Super Falcons wins WAFCON Trophy

      VON Apologizes for Erroneous WAFCON Report, Cites Possible Security Breach, Identifies…

    • PR Nigeria Award
  • E-Paper
Home Anti-Corruption EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos
  • Anti-Corruption

EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

By
Prnigeria
-
April 5, 2025
PRNigeria logo fearured image

EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

The Economic and Financial Crimes Commission (EFCC) has arraigned Folake Adeoti, an ex-convict, and another person, Modupe Adewuyi, for Naira abuse in Lagos.

 

Adeoti was arrested on March 21, 2025, at Jobi Fele Way, Ikeja, Lagos, for hawking Naira notes worth N3,850,000.

 

The charge reads: “That you, Folake Adeoti, on the 21st day of March, 2025, opposite Regency Hall, Jobi Felé,Way, Ikeja, in Lagos within the jurisdiction of this Honourable Court, hawked the sum of N3,850,000.00 (Three Million, Eight Hundred and Fifty Thousand Naira) issued by the Central Bank of Nigeria and thereby committed an offence contrary to and punishable under Section 21(4)) of the Central Bank of Nigeria Act, 2007.”

 

She pleaded guilty to the charge when it was read to her.

 

Following her guilty plea,  prosecution counsel, Z.B Atiku, called on Usman Adamu to review the facts of the case.

 

Atiku  tendered  the defendant’s confessional statement as well as the money recovered from her. The court admitted the documents and marked them as exhibits.

 

While urging the court to convict her as charged, the counsel informed the court that Adeoti “is an ex-convict, who was tried before Justice Ibrahim Kala on Naira abuse charges.”

 

Justice Bogoro adjourned the matter till May 2, 2025 for ruling and also ordered the remand of the suspect at a Correctional Centre.

 

In a related development, the Lagos Zonal Directorate 1 of the EFCC also arraigned one Modupe Adewuyi on a one-count charge bordering on illegal sale of Naira notes before Justice Bogoro.

 

Read Also:

  • NIPR Slams Fake News Peddlers over Alleged Lafia Flyover Collapse
  • Tinubu Offers Automatic Jobs, Gifts N250k to 210 Ex-Corpers
  • Kaduna Governor Appoints Strategic Communicator, Ahmed Maiyaki as Information Commissioner

Adewuyi was apprehended in Lagos on March 21, 2025 along Jobi Fele way, while hawking Naira notes to the tune of N1,600,000( One Million, Six Hundred Thousand Naira only)

 

The charge reads: “That you, Modupe Adewuyi, on the 21st day of March, 2025 at Jobi Fele Street, opposite Regency Event Center, Alausa Ikeja, in Lagos, within the  jurisdiction of this Honourable Court, engaged in hawking the total sum of  N1,600,000 (One Million, Six Hundred Thousand Naira) of N500 and N1000 denominations issued by the Central Bank of Nigeria and thereby committed an offence contrary to Section 21(4) and punishable under Section 21(1) of the Central Bank of Nigeria (Establishment) Act, 2007”.

 

The defendant pleaded guilty to the charge when it was read to her.

 

In view of her plea,  prosecution counsel, Z.B. Atiku called on Adamu Usman, an operative of the EFCC, to review the facts of the case.

 

Usman, while giving details of how he knew the defendant, told the court that the Commission, on March 21, 2025, received an intelligence  from an open source on the illegal sale of Naira notes in the Ikeja area of Lagos.

 

He further told the court that “Upon receipt of the intelligence, a team of operatives carried out an operation, where Modupe Adewunmi was arrested at Jobi Fele street, opposite Regency Hall, Ikeja.

 

“She had two POS machines and was arrested with the sum of N1.6m.  She was brought to the office and her statement was taken under caution.  She confirmed that she was involved in the sales of mint Naira notes.”

 

Atiku tendered the defendant’s statement and the money recovered from her. She, therefore, urged the court to convict and order the forfeiture of the money to the Federal Government of Nigeria.

 

Justice Bogoro adjourned the matter till May 2, 2025 for ruling and ordered that she be remanded at a Correctional Centre.

By PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Folake Adeoti
  • Modupe Adewuyi
  • Naira abuse
Previous articleBayo Ojulari Assumes Duty as NNPCL CEO, Promises New Era
Next articleKidnappers, Their Collaborators Will Face Justice — NSA Ribadu
Prnigeria
Prnigeria
Xing

RELATED ARTICLESMORE FROM AUTHOR

ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

Engr Abba Babagana Dalori

Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

Chinese nationals jailed in Lagos

Court Jails Nine Chinese Nationals for Cybercrime in Lagos

ASUU

Tackle Corruption, Institutional Decay – ASUU Charges FG

EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences Kano Make-Up Artist for Naira Abuse

EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

EFCC, CCC and the Battle Against Corruption in Nigeria, By Mukhtar Ya’u Madobi

Ola Olukoyede, EFCC Chairman

EFCC’s Anti-Corruption War: Between Media Trial and Intelligence-Driven Operations

Olayiwola Oguntade

Court Sentences Ex JAMB Staff for N10m Fraud in Ibadan

Diezani-Alison-Madueke

Nigeria, US sign MoU to repatriate $53m linked to former oil minister, Diezani

EFCC Sacks 27 Fraudulent Officers for Misconduct

Court Okays EFCC’s Request to Freez 67 Bank Accounts Over Alleged Fraud

Recent Posts

  • NIPR Slams Fake News Peddlers over Alleged Lafia Flyover Collapse
  • Tinubu Offers Automatic Jobs, Gifts N250k to 210 Ex-Corpers
  • Kaduna Governor Appoints Strategic Communicator, Ahmed Maiyaki as Information Commissioner
  • Customs Partners US Mission to Prevent Expanded Visa Ban
  • Okello Oculi: A Pan-Africanist Asteroid Burns out Forever By Is’haq Modibbo Kawu
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
NIPR Slams Fake News Peddlers over Alleged Lafia Flyover CollapseTinubu Offers Automatic Jobs, Gifts N250k to 210 Ex-CorpersKaduna Governor Appoints Strategic Communicator, Ahmed Maiyaki as Information CommissionerCustoms Partners US Mission to Prevent Expanded Visa BanOkello Oculi: A Pan-Africanist Asteroid Burns out Forever By Is'haq Modibbo KawuCoordinated Security Efforts Making Nigeria Safer Under Tinubu's Administration - NSA RibaduGov Sani sacks Commissioner, Announces New AppointmentICPC Secures Conviction of Rector for Running Unaccredited Degree ProgrammesPalestinian Statehood Is a Right, Not a Privilege - UN Boss, GuterresNiDCOM Urges Restraint as Ghanaians Protest Against Nigerians Over Alleged Crimes3,000 Terrorists Killed, 120,000 Surrendered in Two Years — Defence ChiefNRMG Charged to Lead Battle Against Fake News, Reframe Nigeria’s ImageAgain, FCT Police Raid Criminal Hideouts, Arrest 66 SuspectsTroops Avert Terrorists’ IED Attack in BornoTroops Eliminate Terrorists, Disrupt Logistics Supply in Borno
X whatsapp