Five men have been sentenced to jail in Asaba, Delta State, for spraying naira notes, an act prohibited by the Central Bank of Nigeria Act 2007.
The Economic and Financial Crimes Commission (EFCC) confirmed the convictions by the Federal High Court.
Justice F. A. Olubanjo of the Federal High Court sitting in Asaba on Thursday, October 15, 2026, convicted and sentenced the five persons for abuse of naira notes.
The convicts are Ekweozor Divine, Udumeluo Godwin Chukwuebuka, Kennedy Uwadia, Godstime Ogie Eghosa and Bright Barry Imade.
They were convicted on a one-count charge bordering on the spraying of naira notes, contrary to Section 21(3) of the Central Bank of Nigeria Act 2007 and punishable under Section 21(1) of the same Act.
The EFCC disclosed the development in a statement on Friday.
Spraying of naira notes at social events remains an offence under Nigerian law.
AbdulBasit Saba is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.
