The newspaper said prosecutors have charged the 38-year-old, whose real name is Ramoni Abbas, with "obtaining money from others through fraudulent means."
Security officers in the emirate arrested Mr Abbas and 12 others for online fraud that targets companies and individuals.
"They would send out letters from email addresses almost identical to those of legitimate companies, targeting customers of these companies, with the purpose of diverting payments to themselves," the newspaper quoted a senior Dubai prosecutor as saying.
According to the report, security officers in the emirate arrested Hushpuppi and 12 others for online fraud that targets companies and individuals.
Many of his followers acknowledged benefitting from his occasional cash 'giveaways', even though his source of affluence, which has long evoked the curiosity of bloggers, remained unclear,
Mr Abbas appeared to be the highest-profile Nigerian to be arrested so far in 2020, months after several other Nigerians, including Obinwanne Okeke and Ismaila Mompha, were arrested in August and October 2019, respectively, for their alleged roles in separate multinational fraud.