News
BREAKING: EFCC Arrests Popular Businessman, E-Money
The EFCC has arrested Lagos popular businessman E-Money.
The EFCC has arrested Lagos popular businessman E-Money for allegedly abusing the Naira and spraying US dollars at a social event.
He is currently in Abuja for further interrogation as investigations continue.
The Economic and Financial Crimes Commission (EFCC) has arrested popular Lagos businessman, Emeka Okonkwo Daniel, widely known as E-Money, over alleged abuse of the Nigerian currency and defacement of foreign currencies
According to VerseNews, EFCC operatives apprehended E-Money at his Lagos residence on Monday night.
The arrest is linked to a viral incident in which he was reportedly seen spraying US dollars at a social event in Lagos—an act that contravenes the Foreign Exchange Act.
Sources within the EFCC confirmed that preliminary investigations have begun and that the commission intends to charge him to court once inquiries are concluded.
DON’T MISS: BREAKING: Court Sentences Gospel Singer Osinachi’s Husband to Death by Hanging
E-Money has since been flown to Abuja for further questioning by EFCC investigators. While EFCC spokesperson Dele Oyewale declined to comment officially, insiders confirmed both the arrest and ongoing probe.
Details about the exact event where the alleged currency abuse occurred remain unclear.
CBN Confirms 16 Banks Fully Meet Capital Requirements, Recapitalisation Progresses
The Central Bank of Nigeria (CBN) has confirmed that 16 commercial banks have fully met the revised regulatory capital requirements.
BREAKING: 25 Abducted Kebbi Schoolgirls Regain Freedom
Twenty-four schoolgirls kidnapped from Government Girls Secondary School, Maga, Kebbi State, have been rescued following coordinated security operations involving police.
Tinubu Orders Full Security Cordon, 24-Hour Air Surveillance Over Kwara Forests
President Bola Tinubu has directed a total security cordon and continuous air surveillance over forests in Kwara, Kebbi, and Niger...
Why Army Can’t Bomb Bandit Hideouts, Presidential Aide Explains
A presidential aide has shed light on why the Nigerian Army cannot simply launch airstrikes on bandit hideouts, citing legal...
Anambra’s 2026 Budget Jumps by 24.1% as Soludo Seeks Approval for ₦757.9bn Spending Plan
Anambra State Governor, Prof. Chukwuma Soludo, has presented a ₦757.9bn budget proposal for 2026—representing a sharp 24.1% increase from last...
BREAKING: FG Bans Open Grazing Nationwide, Unveils Strategy to End Farmers-Herders Clashes
The Federal Government has officially banned open grazing across Nigeria, declaring it a capital offence and urging herders to adopt...
BREAKING: Ejiofor Sets Strategic Roadmap for Nnamdi Kanu’s Release
Former IPOB lead counsel, Sir Ifeanyi Ejiofor, has released a detailed strategy outlining legal and political steps he believes are...
BREAKING: Tinubu Gives Uzodimma Major National Appointment
President Bola Tinubu has appointed Imo State Governor Hope Uzodimma as the “Renewed Hope Ambassador”...
‘Why I Will Never Stop Drinking Garri Ijebu, No Matter How Rich I Become’: Olamide Reveals (Video)
In a candid interview, rap icon Olamide says wealth will never stop him from enjoying his favourite comfort food—Garri Ijebu
Fans Shocked as Female Fan Grabs Private Part of American Rapper Mario During Stage Performance, Video Goes Viral
A viral clip showing a female fan grabbing American singer Mario’s private area during a live performance has triggered widespread...
You must be logged in to post a comment Login