Tag: Abuse of Naira

Bobrisky Pleads Guilty, Convicted For Abusing Naira

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Bobrisky Pleads Guilty, Convicted For Abusing Naira

Famous cross-dresser, Idris Olanrewaju Okuneye popularly known as Bobrisky, has been convicted by Justice Abimbola Awogboro of the Federal High Court, Lagos, after he pleaded guilty to abuse of the naira. The judge has reserved judgement on Bobrisky’s sentencing till April 9, ordering his remand in EFCC’s custody. Before his conviction, Bobrisky pleaded with the…

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CBN Warns Nigerians Against Abuse Of Naira

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CBN Warns Nigerians Against Abuse Of Naira

The Central Bank of Nigeria (CBN) yesterday warned that the abuse of naira notes attract jail terms. The apex bank said the law banning the “spraying” and the stepping on the naira, especially at social gatherings, is still in force and that offenders are liable to six months’ imprisonment or a fine of N50,000. Principal…

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