Tobias Sylvester
249 Views
The Economic and Financial Crimes Commission (EFCC) has filed a fresh charge against former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the High Court of the Federal Capital Territory. In the fresh four-count charge, the EFCC alleged that Emefiele approved the printing of N684,590,000 at a rate of N18.96 billion. The […]
Kanyi Okeke
1.4k Views
The Ikeja High Court in Lagos State has remanded the embattled former governor of The Central Bank of Nigeria (CBN) Godwin Emefiele in the custody of the Economic and Financial Crimes Commission (EFCC). Justice Rahman Oshodi also remanded Emefiele’s co-defendant Henry Omoile at the Ikoyi Prison pending the court’s ruling on his bail on Thursday. […]
Tobias Sylvester
2k Views
Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), has filed N25 billion lawsuit against the Senate President, Godswill Akpabio, over an alleged defamatory statement. In his remarks on Sunday, Akpabio said that Emefiele is facing many allegations, leaving the federal government unsure of which charges to pursue against him. Furthermore, the […]
Abohi Gloria
1.3k Views
The Senate has begun probing the utilization of N30 trillion in Ways and Means funds during the administration of former President Muhammadu Buhari. The Senate has stated that the spending during Buhari’s tenure was reckless, contending that it has led to the present-day food and security crises in Nigeria. It specifically alleged that the imprudent […]
Tobias Sylvester
2k Views
Margaret Emefiele, the wife of the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been declared wanted by the Economic and Financial Crimes Commission (EFCC). Margaret Emefiele was declared wanted along with three other people, Eric Ocheme Odoh, Anita Joy Omoile, and Jonathan Omoile, on charges of money laundering. In a […]
Abohi Gloria
999 Views
Former President Muhammadu Buhari explained his decision not to dismiss Godwin Emefiele, the former Governor of the Central Bank of Nigeria, amidst speculations about Emefiele’s presidential ambitions in 2023 Buhari mentioned that Emefiele never discussed the matter with him. This revelation, along with others, came to light in the memoir “Working with Buhari: Reflections of […]
Abohi Gloria
1.8k Views
Justice Olukayode Adeniyi of the FCT High Court issued a ruling on Monday, awarding N100 million damages to Godwin Emefiele. The suspended former governor of the Central Bank of Nigeria (CBN) against the Federal Government and Economic and Financial Crimes Commission (EFCC) for violations of his rights. It issued an order restraining the Federal Government and […]
Tobias Sylvester
1.9k Views
The former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has met his bail conditions and subsequently been released from Kuje prison. Godwin Emefiele fulfilled the N300 million bail requirement, and his release warrant was signed by vacation judge Justice Othman Musa on December 22. In November, Justice Hamza Muazu of the Federal […]
Abohi Gloria
1.2k Views
The Supreme Court has ruled that both the old and redesigned Naira banknotes will continue to be recognized as legal tender in the country, extending their validity beyond December 31. The apex court, in a ruling by a seven-man panel led by Justice Inyang Okoro, on Wednesday, directed that the banknotes should continue circulating […]
Abohi Gloria
1.8k Views
An Abuja High Court in Maitama has granted bail to the former Central Bank of Nigeria Governor Godwin Emefiele, to the tune of N300 million. Justice Hamza Muazu presided over the ruling, also requiring two sureties residing in the Federal Capital Territory, Abuja, with landed property in the Maitama District. The court scheduled November 28 […]
Tobias Sylvester
2k Views
The High Court in the Federal Capital Territory has ordered the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to be remanded in the Kuje Correctional Centre. Godwin Emefiele, who is facing trial on charges related to alleged procurement fraud, was remanded in prison on Friday, November 17, while awaiting the decision on […]
Tobias Sylvester
2k Views
The Federal Government has revised the criminal charges against the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Initially facing a 20-count charge related to procurement fraud in August, the amended charge now comprises six counts, with Emefiele as the sole defendant. While the charges still revolve around procurement fraud, the alleged […]
