News is circulating that as Doĺlar scarcity persists, operatives of the Economic and Financial Crimes Commission ( EFCC) are arresting persons with popular American currency as keeping the dollars on them is causing scarcity.
The Findings:
Since the beginning of August, the dollar has continued to rise in Nigeria’s black market.
Recently, the naira traded at N710 to the dollar in the parallel market.
The EFCC then raided some forex hubs at Wuse Zone 4 axis of the FCT in Abuja, which saw the currency return to its pre-speculated value as days after the security personnel stormed Bureaux De Change (BDC) hub in Abuja, the naira continued to strengthen on the black-market, strengthening to N660 per dollar.
Conclusion:
Yes, EFCC indeed threatens to arrest dollar hoarders as the naira hits a new low, as currency dealers are perpetrating a financial crime by massively mopping up available foreign currencies in the city thereby compounding Nigeria’s financial woes.
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A troubling image circulating online shows American YouTube star IShowSpeed wearing a Nigerian jersey. His face appears bruised. The caption is alarming. It claims he was attacked by road gang members in Nigeria while livestreaming along Ikoyi Road, Lagos. It suggests that visiting Nigeria was unsafe. It paints a picture of chaos.
The post originates from an X account, @iamMrMarfo1. From there, it spreads.
But what really happened?
First, let’s examine the context.
IShowSpeed, whose real name is Darren Jason Watkins Jr., was recently in Lagos. He celebrated his 21st birthday. He surpassed 50 million YouTube subscribers. On December 29, 2025, he launched a 20 country African tour in 28 days. On January 21, he livestreamed from Balogun Market in Lagos Island. Crowds gathered. Security escorted him. The scene was intense but public.
Soon after, posts claimed he had been attacked. The circulating images appeared to show facial injuries.
WHAT WE CHECKED
We examined the footage. According to reporting by Agence France Presse, the images were doctored. AFP traced the visuals back to specific timestamps in the original livestream. Moments at approximately 4:21:32 and 4:21:36 were manipulated to create the bruised effect.
AFP journalists who were physically present in Lagos during his visit reported that they did not witness any attack. They also heard nothing to suggest that an assault occurred. The altered images did not only appear in English. They spread in French, Arabic, Spanish, Hausa, and Zulu.
WHAT WE FOUND
It is important to note that IShowSpeed has faced disruptions during other international visits. In Algeria, he was struck by thrown water bottles during a football match. In Norway in 2024, he experienced an incident outside a shop.
But those are separate events.
There is no credible evidence that he was attacked in Nigeria. No verified report. No confirmed injury. No authenticated footage. The viral image was manipulated.
Verdict: False.
When dramatic images circulate, especially those that inflame fear or damage reputations, verify before sharing.
Screenshots can be altered. Livestreams can be edited. Context matters.
Today, we proudly mark the 100th edition of the WABMA Fake News Debunker — published consistently in audio, video, and text formats.
This milestone is more than just a number. It is a testament to our resilience, commitment, and belief in the power of truth. For nearly two years, through changing tides and persistent challenges, we have worked tirelessly to expose misinformation, challenge disinformation, and protect the public discourse in West Africa.
Fake news undermines democracy, endangers lives, and erodes trust. That is why we have stayed the course — week after week — empowering citizens with facts, and strengthening media literacy across communities.
Thank you to every researcher, producer, presenter, and supporter who made this possible. The work continues — because truth still matters.
🚩 Are popular skin-whitening injections in West Africa genuine and safe to use? 🚩 Is Nigeria’s Central Bank planning to scrap old Naira notes soon? 🚩 Has the COVID-19 variant XEC already spread to Nigeria?
In this episode, we dive deep into these viral claims to separate facts from fiction. Don’t fall for fake news—get the truth you need right here!
דירות דיסקרטיות - israel xclub
August 26, 2022 at 10:41 am
Can I simply say what a comfort to discover somebody who truly understands what they are talking about on the internet. You actually know how to bring an issue to light and make it important. More people must look at this and understand this side of your story. I was surprised that you are not more popular because you definitely possess the gift.
נערות ליווי
September 2, 2022 at 6:21 am
Everything is very open with a precise explanation of the challenges. It was truly informative. Your website is extremely helpful. Many thanks for sharing!