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Nigeria: Lagos Socialite E-Money Freed After EFCC Questioning Over Naira Abuse

Kehinde Giwa by Kehinde Giwa
April 30, 2025
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Nigeria: Lagos Socialite E-Money Freed After EFCC Questioning Over Naira Abuse
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Popular Lagos socialite Emeka Okonkwo, known as E-Money, has been freed by the Economic and Financial Crimes Commission (EFCC) after hours of questioning over alleged Naira abuse.

E-Money was arrested at his Omole residence in Lagos and taken to the EFCC office in Abuja for questioning.

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The EFCC had alleged that E-Money abused the Naira and defaced foreign currencies, specifically spraying US dollars, which is against the Foreign Exchange Act.

After his release, E-Money took to Instagram to celebrate, posting a video with the caption, “No tension, everywhere good, I see all your love and support. God bless you all.”

Another socialite, Cubana Chief Priest, also celebrated E-Money’s release on his Instagram handle.

The EFCC had not confirmed the release as of the time of reporting.

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