Outrage as Lagos Trader Kayode Cries Out After Arinze Anumba Allegedly Scams Him of N46.4m Paid for Dollar Exchange, Demands Justice
Outrage as Lagos Trader Kayode Cries Out After Arinze Anumba Allegedly Scams Him of N46.4m Paid for Dollar Exchange, Demands Justice
A wave of outrage is spreading through Lagos’ trading community after a local businessman, Mr. Kayode Abdulfatai, cried out over the alleged disappearance of N46.4 million he paid to Mr. Arinze Anumba of Unique Clara Enterprises for a $30,000 foreign exchange transaction that never materialised.
According to information received by Lagos Reporters, the ordeal began on August 27, 2025, when Kayode consulted Mr. Ikenna Moka, popularly known as “King,” for assistance in sourcing dollars for an urgent business payment. Moka introduced him to Mr. Anumba, presented as a trusted FX dealer operating through Unique Clara Enterprises.
Between August 27 and August 29, Kayode transferred a total of N46,410,000 to the Providus Bank account of Unique Clara Enterprises (Account No. 1305396731), covering the naira equivalent of $30,000. The breakdown was:
Aug 27, 2025: N30,980,000 for $20,000
Aug 29, 2025: N15,430,000 for $10,000
However, after the payments were made, the expected dollar transfer never reached Kayode’s international suppliers. Instead, the receipts issued by Anumba—allegedly generated through the fintech platform Monieverse—turned out to be fake.
The fallout has been devastating. Kayode’s consignment of children’s play materials arrived in Nigeria on September 12, 2025, but remains stuck at the port due to lack of payment, accumulating daily demurrage charges and threatening the collapse of his business. His lawyers, Majesty Solicitors, say the incident has caused him “serious fear, psychological disorderliness and emotional trauma.”
Despite reporting the case to the Department of State Services (DSS) in Lagos on September 25, 2025, and escalating the matter through formal channels, Kayode is yet to receive any refund or resolution. When contacted by a journalist, Anumba reportedly claimed the money was “hanging,” a response Kayode’s camp dismissed as evasive and misleading.
Kayode is now demanding full justice and the immediate refund of his N46.4 million to his business account (Toys Gallery Enterprises, FCMB A/C: 6878707013). He is calling on:
The DSS and Nigeria Police Force to intensify investigations and prosecute all involved.
CBN, NIBSS, FCMB, and Providus Bank to trace and freeze the suspicious funds.
The EFCC to recover the money and take firm action against rising FX-related fraud schemes.
As public anger grows, many traders are urging authorities to act swiftly to protect legitimate businesses from financial predators operating under the guise of currency dealers.
