The abuse of the naira — the Nigerian currency — is deemed a criminal offense, punishable under the law. Section 21(3) of the Central Bank of Nigeria Act 2007 (as amended) stipulates that “spraying of, dancing or matching on the naira or any note issued by the bank during social occasions or otherwise howsoever shall constitute an abuse and defacing of the naira or such note and shall be punishable under the law by fines or imprisonment or both”.
Despite countless warnings by the apex bank, spraying of naira notes at social gatherings had continued without sanctions for many years. It has been seen as a tradition in many parts of Nigeria.
But last year, the Economic and Financial Crimes Commission (EFCC), which is a key collaborator with the CBN on the “unpatriotic practice”, wielded the big stick on Simi Gold, the actress, in what happened to be a landmark case of naira abuse.
Gold was arrested in February 2023 after a video of her spraying and stepping on the naira notes at a party surfaced online. She was sentenced to six months in prison in February 2024. The court, however, handed down the sentence with an option of a N300,000 fine.
A few weeks after Gold’s court case, Bobrisky, the crossdresser, was arrested in Lagos for defacing the naira notes. Last Friday, Bobrisky was sentenced to six months in prison. The sentence was without the option of bail.
While tongues were wagging on social media over the nature of Bobrisky’s sentence, the anti-graft filed a three-count charge against Cubana Chief Priest, the nightlife promoter, for alleged abuse of the Nigerian currency.
Cubana, however, pleaded not guilty to the charges on Wednesday. Kehinde Ogundare, a judge of the federal high court in Lagos, thereafter granted him bail in the sum of N10 million with two responsible sureties in like sum. The case was also adjourned.
Last Sunday, the commission warned that many more celebrities will be prosecuted, adding that it is investigating those who may have been involved in currency abuse.
Watch the videos below.
Wizkid
In December 2023, revealed that he would distribute the sum of N100 million to the kids for Christmas.
While doing so, the singer was seen spraying wads of cash on the streets of Lagos while inside his lush automobile.
The ‘Ojuelegba’ hitmaker was also seen throwing money during his mother’s burial that took place in October last year.
Portable
The ‘Zazoo Zeh’ singer is known for his philanthropy, especially on the streets of Sango-Ota, his hometown in Ogun. He has been spotted throwing money into the air on several occasions during his visit home.
Kanayo O Kanayo
In 2021, the ace Nollywood actor was spotted at a party during the Christmas festivities in Imo state. To celebrate the festivities, he sprayed money into the air as people danced around him.
Asake
The ‘Joha’ singer was also seen throwing money into the air at a party hosted by Yhemolee a few months ago.
Asake took the wads of minted N500 notes, removed the currency straps, and flung the notes into the air from the roof of the building where he stood.
Eniola Badmus
Badmus was sighted at a party alongside Bobrisky tossing money at Mega 99, the gospel juju musician, while he was performing at an event some years ago.
Paris has always had a way of making fashion feel less like clothing and more like theatre. And when the world’s style aristocracy gathered for the Spring/Summer 2027 season, Nigerian high flying businesswoman, Aisha Achimugu, arrived with the kind of polished glamour that commands attention without demanding it.
Against the timeless backdrop of the French capital, Achimugu stepped into the world of Paris Fashion Week in a look that married sophistication with modern femininity. Her ensemble was defined by a refined silhouette, impeccable tailoring and the kind of carefully considered styling in which every detail appeared deliberate. The proportions were elegant, the finish luxurious, while her accessories added just the right measure of sparkle and personality.
Her beauty look complemented rather than competed with the outfit. Immaculately styled hair, luminous makeup and a poised, confident bearing completed the picture, allowing the clothes to retain their quiet authority. It was a lesson in restraint: nothing appeared excessive, yet every element, from the jewellery to the finishing touches, contributed to the overall effect.
The real strength of Achimugu’s Paris appearance, however, was in the details. The interplay of texture and silhouette gave the look dimension, while the accessories provided those subtle flashes of glamour associated with the best society dressing. There was an understanding of proportion, balance and occasion, a recognition that at Paris Fashion Week, being noticed is not necessarily about wearing the loudest look in the room.
For Achimugu, fashion has never seemed like an afterthought. It is part of the persona, the jewellery, the sculpted silhouettes, the luxurious textures, the immaculate finishing and that unmistakable confidence of a woman comfortable in her own skin.
Her Paris appearance offered yet another glimpse into the glamorous lifestyle of the Felak Concept Group boss, whose public persona has over the years straddled business, philanthropy, high society and fashion.
In the city, amid the fashion houses and international style elite, Achimugu appeared more than as a spectator but as a Nigerian woman confidently occupying a global fashion space. Her look spoke in the sophisticated language of Parisian dressing, polished, assured and intentionally glamorous, while retaining the unmistakable confidence of a woman bringing her own sense of style to the occasion.
And as the lights of Paris dimmed on another fashionable season, her appearance left behind the unmistakable impression of a woman who understands that fashion, at its most powerful, is as much about presence as it is about clothes.
Sharon Ademefun Adeleke, the elder sister of Afrobeats superstar, Davido, has revealed how she manages her brother’s finances and her unconventional approach to marriage.
Sharon disclosed this while appearing on the Morayo Show, adding that she regularly discusses Davido’s finances with him, particularly his spending on cars and jewellery.
“One of the major things I’m always getting on my brother is jewellery and cars. My God!” she said.
“Me and him will sit down. We will have a finance meeting every week because I think it is important for him to know how his money is being spent.
“And I will now say, ‘David, please, no more cars, no more jewellery.’ Twenty-four hours later, you will start seeing it on the blogs that he bought another car.”
Sharon, a mother of three, also spoke about her marriage, saying she made it clear to her husband from the outset that she did not intend to follow a traditional approach.
“When I met my husband, I explained to him that there isn’t going to be a traditional kind of marriage,” she said.
“I remember, I think in the first few months of us dating, I cooked and all the things. When he was eating, I was like, ‘Oh babe, are you enjoying the food?’ He said yes.
“And I said, ‘Good. Now you know I know how to cook, but I don’t like cooking, and I hope that’s not going to be a problem.”
The entrepreneur revealed how she built her wig-making business. She said she learnt to make wigs out of frustration with the difficulty of securing skilled hairstylists and wig makers, who were often fully booked.
“I learnt how to make wigs because I was frustrated because really good hairstylists and wig makers are always busy. Even if you drop your things with them, every week they will still be busy,” she said.
“So, one day I said, ‘What is this wig making? Let me just try.’ At that time, there was maybe one video or two compared to now, when if you go on YouTube, you can find thousands of videos about wig making.
“I was heavily pregnant and very bored, so my husband took me to the beauty shop, and I bought all the pieces. I just started trying, and then I started doing it more and more. Then my friends started asking me to make wigs for them.”
Sharon said she believes people sometimes discover their businesses unexpectedly rather than through careful planning.
“I’m a big believer that when God gives you a business, you kind of fall into it sometimes. It is not something that you planned,’ she said.
“When I started going into it, I started going for training all over the world.”
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