ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Wednesday, July 15, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
Home Economy And Business

BREAKING: IGP Orders Arrest of Nigerians Selling and Spraying New Naira Notes

by NewsOnline Nigeria
February 3, 2023
in Economy And Business
0
Goldman Sachs

IGP has ordered the immediate arrest of Nigerians selling and spraying new naira notes.

 

NewsOnline reports that the Nigeria Police Force (NPF) on Friday, February 3, 2023, commenced the arrest of naira sellers and abusers across the country.

 

This online news platform understands that the police in a statement by Force Public Relations Officer, CSP Muyiwa Adejobi, said Nigerians selling and spraying Naira is in furtherance of the Federal Government’s policy.

 

ALSO: Naira Scarcity: CBN Emefiele’s Cashless Policy Disastrous – Shehu Sani

 

The police spokesperson said the operation upholds the provisions of the Central Bank of Nigeria Act, 2007, regarding Nigeria’s currency.

 

Usman Baba, the Inspector-General of Police tasked the Deputy Inspector-General in charge of the Force Criminal Investigations Department (FCID) and the Assistant Inspector-General in charge of the Force Intelligence Bureau (FIB) to begin work.

 

NewsOne Nigeria gathered that officers and men of the units have been placed on high alert “to arrest and prosecute individuals engaged in the sale or abuse of naira notes”.

 

Similarly, IGP Baba charged all supervisory Assistant Inspectors-General and Commissioners in charge of Commands and Formations to carry out full enforcement of Sections 20 and 21 of the CBN Act, 2007.

 

The law criminalizes the hawking, selling/trading, spraying, marching, falsifying, or counterfeiting of bank notes; refusal to accept the naira as a means of payment, and tampering with coins or notes.

 

Nigerian police vowed to enforce all laws and regulations without any prejudice to the enabling Acts of other security agencies, urging all and sundry to cooperate.

The statement said the law will be brought upon all violators of the provisions of the CBN Act, and other extant statutes in Nigeria.

Previous Post

Africa Lags Behind In Global Digital Exports – Okonjo-Iweala

Next Post

Dionne Warwick Net Worth 2023, Age, Biography, Family, Religion, Career

Next Post
Dionne Warwick Net Worth

Dionne Warwick Net Worth 2023, Age, Biography, Family, Religion, Career

Trending Stories

Goldman Sachs

BREAKING: IGP Orders Arrest of Nigerians Selling and Spraying New Naira Notes

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Jass Param Kaur Viral Video

WATCH Jass Param Kaur Viral Video Trending On Twitter, YouTube And Reddit

Dangote Refinery

BREAKING: Dangote Refinery Suspends Naira Sales, Prices Petrol in Dollars Amid Rising Crude Oil Prices

Wisconsin Volleyball Team Leaked Reddit Video

Police Probes Wisconsin Volleyball Team Leaked Reddit Video (Full Video Here)

Notti Osama Video Footage

WATCH Notti Osama Video Footage Of Death On Tiktok, Twitter, & Reddit

Balthazar Video Telegram

Direct Link To Watch All Baltasar Engonga 400 Videos With Government Officials Wives

Primate Ayodele

Primate Ayodele Unveils Prophecy Book, Releases Predictions on Tinubu, 2027 Elections, Global Security

Omoge Saida

Popular Socialite Omoge Saida’s Private Video Sparks Outrage Online (WATCH VIDEO HERE)

Walter Akpani

Providus Bank CEO, Walter Akpani Risk Jail Term Over Alleged Contempt Of Court

Latest Stories

ADC

BREAKING: Appeal Court Reserves Verdict on High Court Order Deregistering ADC, Four Other Parties

Fake PFIPC DG Prince Adeniyi Adeyemi

BREAKING: Fake PFIPC DG Prince Adeniyi Adeyemi Arrested

Fake PFIPC DG Prince Adeniyi Adeyemi

BREAKING: Adeyemi Faces Arrest Over Fraud, Forgery Charges

Nigeria's Best Overall Performing Bank

GTBank Named Nigeria’s Best Overall Performing Bank in The Banker’s Top 1000 World Banks Rankings 2026

2026 #BeatTheDistance Initiative

GTCO Launches 2026 #BeatTheDistance Initiative, Donates 3,000 Bicycles to Schoolchildren

World Cup 2026

World Cup 2026: Mbappe Leads Golden Ball Race Ahead of Messi, Bellingham, Kane

Fulani Herdsmen

Fulani Herdsmen Assault Benue Community In Fresh Monday Night Attack

Dangote Refinery

BREAKING: Dangote Refinery Suspends Naira Sales, Prices Petrol in Dollars Amid Rising Crude Oil Prices

2027 Presidential, NASS Candidates

BREAKING: INEC Extends Deadline for Submission of 2027 Presidential, NASS Candidates

Tinubu's 2027 Campaign

BREAKING: INEC Sued Over ₦800bn Diversion by APC Governors for Tinubu’s 2027 Campaign

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria