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Lagos court jails two for hawking N2.15m naira notes — EFCC

The Federal High Court in Lagos has sentenced two persons to six months’ imprisonment each for illegally trading and hawking naira notes. The Economic and Financial Crimes Commission, EFCC, said in a statement that Justice A. Aluko of the Federal High Court, Ikoyi, Lagos, handed down the sentences on Tuesday, August 18, 2026, after the […] Lagos court jails two for hawking N2.15m naira notes —…

Lagos court jails two for hawking N2.15m naira notes — EFCC

On August 18, 2026, two individuals were sentenced to six months in prison each by the Federal High Court in Lagos. The Economic and Financial Crimes Commission (EFCC) announced the verdict after the convicts admitted to the charges against them. Mutairu Omowunmi Tawa and Faith Chukwujeku pleaded guilty to separate offenses of unlawfully trading and hawking naira notes.

Tawa was charged with selling N850,000 at the Salamagic Event Centre in Onikan, Lagos, while Chukwujeku allegedly hawked N1.3 million in N200 denominations. Both defendants were arraigned separately and found guilty by Justice A. Aluko. The court allowed them to opt for a N50,000 fine instead of the prison term. Additionally, the cash seized in the case, totaling N2.15 million, was ordered to be forfeited to the Federal Government as evidence of the crime.

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