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Controversy as CBN bans Naira cash bouquets days to Valentine, offenders risk jail term

Edubi Omotayo by Edubi Omotayo
February 12, 2026
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Controversy as CBN bans Naira cash bouquets days to Valentine, offenders risk jail term
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A wave of reactions has followed reports that the Central Bank of Nigeria has allegedly prohibited the use of naira cash bouquets ahead of Valentine’s Day, warning that offenders could face up to six months in prison or a fine of ₦50,000 under existing currency regulations.

The practice of presenting folded naira notes arranged with flowers and decorative materials has gained popularity in recent years, particularly during celebrations such as birthdays, weddings, and Valentine’s Day. However, the circulating report claims the apex bank now considers the trend a form of naira abuse.

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Although the Central Bank of Nigeria has long maintained strict rules against mutilation, defacing, or improper handling of the national currency, the renewed attention on cash bouquets has ignited debate across social media. Many Nigerians are questioning whether the move is an urgent economic priority or a misplaced focus at a time of broader financial strain.

On X, formerly known as Twitter, users expressed a mix of humour, criticism, and cautious approval.

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One user argued that the country’s economic challenges stem from deeper structural issues rather than romantic displays involving cash. The comment suggested that the weakening value of the naira cannot be blamed on Valentine’s Day gestures.

Another commentator took a different view, stating that respect for the national currency should come before seasonal excitement. The post hinted that the alleged directive could encourage more responsible spending and discourage financial excess during celebrations.

Others responded with sarcasm. A user described the reported ban as a win for single Nigerians who would be spared the annual flood of lavish relationship displays online. Another added that those not in relationships could finally relax without the pressure of competing with extravagant public declarations of affection.

The controversy has once again drawn attention to the legal provisions governing currency handling in Nigeria. Under the Central Bank of Nigeria Act, abuse of the naira, including spraying, stepping on, defacing, or otherwise mishandling banknotes, is punishable by law. Enforcement has increased in recent years, with several high-profile arrests linked to currency abuse at social events.

As Valentine’s Day approaches, the debate reflects a broader tension between evolving social trends and the enforcement of financial regulations. Whether the reported move signals a targeted crackdown or simply reinforces existing laws, it has succeeded in dominating public conversation at a time when economic hardship remains a central concern for many Nigerians.

For now, lovers planning elaborate surprises may need to reconsider how they express affection, especially if cash bouquets fall within the scope of punishable naira abuse.

Tags: ₦50000 fine currency offenceCBN naira abuseCBN regulations on nairaCentral Bank of Nigeria Valentine’s Daymoney bouquet controversy NigeriaNigeria Valentine’s Day newssix months jail naira abuse
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