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New Naira notes: EFCC set to raid Lagos, Kaduna, P’Harcourt currency hawkers

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Indications are strong that the Economic and Financial Crimes Commission will embark on raids of new naira note racketeers in key commercial cities including Lagos, Port Harcourt, and Kaduna.

The commission indicated this on Tuesday when it disclosed that it had arrested members of a syndicate of currency racketeers trading in the redesigned naira notes at Zone 4, Wuse and Dei-Dei axis of the Federal Capital Territory, Abuja.

The Abuja suspects were nabbed during an operation to halt the illicit currency trading carried out by the anti-graft agency between Saturday and Monday.

The EFCC spokesperson, Wilson Uwujaren, confirmed the development in a statement on Tuesday.

Findings from EFCC officials showed its operatives had penned down some commercial nerve centres in Lagos, Port Harcourt, and Kaduna, where currency hawkers are having a field day.

The EFCC planned raids came on the heels of similar raids of currency hawkers and racketeers by personnel of the Department of State Services.

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The EFCC planned raids came a day after the Governor of the Central Bank of Nigeria, Godwin Emefile, said the apex bank would collaborate with law enforcement agencies such as the EFCC and the Independent Corrupt Practices and Other Related Offences Commission, to track heavy withdrawals.

The CBN had extended the deadline for the validity of the old N200, N500 and N1,000 notes from January 31 to February 10.

The Department of State Services revealed on Monday that its operatives arrested some currency traders who had turned the sale of newly redesigned notes into brisk business.

The secret police also alleged that the perpetrators were working in cahoots with officials of commercial banks.

Meanwhile, the EFCC further noted that its findings revealed that some of the money traders were working with officials of Money Deposit Banks, vowing to extend its operation to all major commercial centres across the country until all the syndicates involved in the illegal trade are demobilized.

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The anti-graft agency also urged financial market operators to ensure compliance with the guidelines set by the CBN.

It added, “The suspects have made useful statements, including a disclosure that they were acting in cohort with some unscrupulous officials of Money Deposit Banks.

“The commission will extend the operation to all the major commercial centres of the country until all the syndicates involved in the illegal trade are demobilised. Financial system operators are also warned to desist from the sharp practices or risk arrest and prosecution.

“Zonal commanders of the EFCC also met with officials of various banks in their commands in an effort to ascertain the volume of the new notes issued to the commercial banks and how the banks were dispensing the monies to their customers.”

“The commanders urged the financial market operators to ensure compliance with the guidelines set by the Central Bank of Nigeria while disclosing that they have dispatched operatives across their commands to monitor the level of compliance by banks and other operators in the financial market.”

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Two killed as fuel-laden tanker collides with truck in Lagos

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Two people were confirmed dead following an early morning collision between a fuel-laden tanker and a tipper truck on the Lekki–Epe Expressway, Sangotedo area of Lagos state.

In a statement on Saturday, Margaret Adeseye, controller-general of the Lagos State Fire and Rescue Service, said the accident occurred in the early hours of the day, prompting officers to rush to the scene.

“It was reported that a speeding 20-tonne tipper truck from the Epe end rammed into a stationary 30-tonne gas tanker that failed to pull over from the highway,” the statement reads.

Adeseye said the collision sparked a fire that spread to three warehouses and 10 roadside shops, including a gym and a generator house, before it was eventually brought under control.

She added that a Total petrol filling station, fully loaded with a 33,000-litre PMS tanker, narrowly escaped a major explosion.

“After the blaze was extinguished, three Sienna buses, one Toyota Corolla, and a forklift parked within the affected area were recovered. Tragically, the tipper truck driver and his assistant, both adult males, were burnt beyond recognition, while the gas tanker driver escaped unhurt,” Adeseye said.

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The agency said that efforts are ongoing to remove the remains of both trucks from the highway, though normal traffic has largely resumed at the scene.

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Cocaine trafficking: Court convicts, fines 10 Filipinos $6m

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The federal high court in Lagos has convicted 10 Filipino sailors and their merchant vessel of trafficking 20 kilogrammes of cocaine at the Apapa seaport.

The sailors were arrested by operatives of the National Drug Law Enforcement Agency (NDLEA) in November 2025 at Apapa seaport.

The vessel, MV Nord Bosporus, with registration number 9760110, arrived in Nigeria from Santos in Brazil.

In a statement released on Wednesday, Femi Babafemi, NDLEA spokesperson, said the defendants pleaded guilty to the charges and entered a plea bargain agreement.

The anti-drug agency had disclosed that its officers discovered the “Class A drug” buried under the ship’s cargo on Sunday, November 16, 2025.

The NDLEA arraigned the sailors and the vessel on a four-count charge.

The defendants are Eugene Quinos Corpuz; Mark Joseph Jardiniano; Alexis Navidad Evarrola; Francis Gerard Niones Carpio; Franz Jude Mayran; Mahinay Junniel Lagura; Mario Ganiban Malvar; Hormachuelos Lordito Guivencan; Joshua Emmanuel Hufanda; and Edwin Baltazar Reyes.

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In his judgment, Ayokunle Faji, the trial judge, found the vessel guilty for an offence under section 25 of the NDLEA Act.

The judge ordered the vessel to pay the sum of N100,000 penalty for the offence and a restitution in the sum of N5.3 million to the federal government.

The judge convicted three principal officers of the vessel who are the 2nd, 3rd, and 4th defendants. They were asked to pay N100,000 each and a restitution of $100,000 each to the federal government.

After conviction, the judge ordered the 5th to 11th defendants to pay N100,000 each in addition to a restitution of $50,000 each.

According to the NDLEA, the total money to be paid to the federal government by the vessel and the 10 sailors is $6 million and N1.1million as restitution and penalty.

Reacting to the judgment, Mohammed Buba Marwa, NDLEA chairman, said the conviction of the vessel and its crew members is a “lesson to international drug cartels and their local collaborators that Nigeria’s territorial waters are no longer a playground for the illicit narcotics trade”.

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“Let this judgment be an unambiguous signal to every shipping line, vessel owner, and sailor worldwide that if you turn your ships into floating warehouses for illicit drugs, you will not only lose your freedom but also your assets,” Marwa said.

“We have moved beyond mere seizures; we are now hitting the syndicates where it hurts most, their pockets and their operational assets.”

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VIDEO: Man caught trying to lure child hawker for sex with ₦1,000

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A man has been caught on video while allegedly attempting to lure a young girl hawking avocados with ₦1,000 for sexual purposes.

The unfortunate incident, which surfaced in a viral video, was shared by content creator LordZeus in a post shared on IG on Monday, who confronted the suspect.

When questioned, the man denied the allegation and claimed he was the girl’s father.

But the child contradicted him, stating that he approached her and asked her to follow him to a secluded place so they could “touch body,” promising to give her ₦1,000. She added that when she refused, the man brought out the cash in an attempt to persuade her.

During the confrontation, some bystanders pleaded on behalf of the suspect, claiming he was mentally unstable and alleging that the girl was not the first child he had approached.

Reacting, LordZeus challenged the defence, questioning why alleged mental illness should excuse such behaviour toward a minor.

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He also used the moment to caution parents against sending young girls out to hawk, noting that female child hawkers are often

He wrote, “Parents please, no matter how hard life gets, do not allow your girl child especially underage to hawk on the streets alone. Even If they must hawk, hawk alongside them.

“They are constantly at risk of se*xual harassment, and many of them will never speak up. I’ve hawked before, so I know exactly what life on the street is like.

“Imagine if this man was able to manipulate the little girl with just 1,000 naira , this will be unimaginable.

“Ihe na-eme nu o. Let’s do everything possible to protect our girl children. Their safety and dignity must come first before any other thing. It can only get better ”

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