Two Women Jailed for Hawking Naira Notes in Lagos

Posted: 2025-05-04 19:53:34 UTC

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#Lagos

#EconomicCrime

#NairaHawking

#CBNAct

#CourtJail

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Last Updated

2025-05-04 19:53:49 UTC

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TL;DR;

Two women, Folake Adeoti and Modupe Adewuyi, were sentenced to one year imprisonment each by the Federal High Court in Ikoyi, Lagos, for hawking Naira notes, violating the Central Bank of Nigeria Act.

Key Impact Areas

Sentencing of two women for hawking Naira notes

Violation of the Central Bank of Nigeria Act

Federal High Court ruling in Ikoyi, Lagos

Challenges

Illegal hawking of Naira notes

Enforcement of the Central Bank of Nigeria Act

Two Women Jailed for Hawking Naira Notes in Lagos

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