Operatives of the Economic and Financial Crimes Commission have arrested two women for allegedly trading naira notes.
The suspects, Adeoti Folake and Adewuyi, were apprehended in Lagos on March 21.
In a statement on Monday, the EFCC’s Head of Media and Publicity, Dele Oyewale, disclosed that ₦3,850,000 and ₦1,600,000 were 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.”
