Vero RecordArchive

Anti-corruption and elections / EFCC

Lagos Court Jails Businessman, Company for Refusal to Accept Naira as Legal Tender

Justice Akintayo Aluko of the Federal High Court sitting in Ikoyi, Lagos, on Thursday, April 17, 2025 convicted and sentenced a businessman, Aniogor Godswill Obiajulu and his company, ICE BY CW to five years imprisonment for their refusal to accept the Naira as a legal tender. Obiajualu, alongside ICE BY CW, was arraigned on Thursday on a two-count charge bordering on refusal to accept the Naira as a legal tender. Count one reads: “That you, ICE BY CW and Aniogor Godswill Obiajulu, on the 10th day of December, 2024 in Lagos, within the jurisdiction of this Honorable Court, refused to accept Na…

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