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Posted: 2025-05-05 14:11:32 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-05 14:13:20 UTC
Verified By
Rollup News
Folake Adeoti, an ex-convict, and Modupe Adewuyi were sentenced to one year imprisonment each by the Federal High Court in Lagos for hawking Naira notes. Adeoti received a stricter sentence without the option of a fine due to her prior conviction for the same offense.
Conviction and sentencing of Folake Adeoti and Modupe Adewuyi for hawking Naira notes.
Forfeiture of POS machines and recovered money to the federal government.
Stricter sentence for Adeoti due to prior conviction.
Illegal hawking of Naira notes.
Repeat offense by Folake Adeoti.
Enforcement of the Central Bank of Nigeria Act, 2007.