Former Central Bank of Nigeria Governor, Godwin Emefiele, is alleged to have operated 593 illegal bank accounts in the United States, United Kingdom, and China, totaling billions of naira. The revelation, made by Special Investigator Jim Obaze, indicates unauthorized transactions amounting to...
The federal Government has officially arraigned the immediate past Governor of the Central Bank of Nigeria, Godwin Emefiele, on a six-count charge amounting to N1.6 billion in an alleged procurement scandal. Initially facing 20 counts totaling N6.5 billion, Emefiele is now the sole defendant in...
The federal government has revised the criminal charges against Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), marking a significant turn in the ongoing procurement fraud case. Initially facing a 20-count charge, Emefiele's arraignment has been delayed multiple times...
Detained former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has been released on bail after spending 151 days in custody.
The Abuja High Court ordered his release, despite objections from the Attorney-General of the Federation and the Economic and Financial Crimes Commission...
In a recent development, the Abuja High Court in Maitama granted bail to Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN). Emefiele was presented before the court by the Economic and Financial Crimes Commission (EFCC).
Justice Olukayode Adeniyi made the ruling...
Former Central Bank Governor Godwin Emefiele, who had been in custody for over 149 days, was finally produced in court for the hearing of his bail application by the Economic and Financial Crimes Commission (EFCC). Justice Olukayode Adeniyi of the Federal Capital Territory High Court had ordered...
A high court in Abuja has reaffirmed its order for the release of Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), from the custody of the Economic and Financial Crimes Commission (EFCC). This court decision, issued on November 6, came after Emefiele's legal team had...
Justice Adegbola Adeniyi of the Federal Capital Territory High Court has ordered the immediate and unconditional release of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. This order came in response to Emefiele's Motion Ex-parte, seeking his release from the custody of the...
Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), has been released from custody and promptly taken into the custody of the Economic and Financial Crimes Commission (EFCC). He had been held by the Department of State Services (DSS) since June following his suspension by...
The special investigator appointed by President Bola Tinubu, Jim Obazee, and his support team are set to begin questioning officials implicated in alleged wrongdoing at the Central Bank of Nigeria (CBN) and related entities. This development comes after the dismissal and subsequent arrest of...
Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), is reportedly seeking a plea bargain in the criminal case filed against him by the federal government. Emefiele is facing a 20-count charge, including alleged conspiracy to commit procurement fraud. He is co-accused...
The Central Bank of Nigeria (CBN) incurred approximately ₦74.84 billion in expenses during 2022 due to the naira redesign policy and other currency-related matters. These expenses encompassed the printing, processing, distribution, and disposal of currency notes, including factors like raw...
Suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, was visibly emotional as he wept in court on Thursday after his arraignment was adjourned to August 23, 2023. The Federal Capital Territory High Court's adjournment came due to the absence of another defendant, Sa’adatu Yaro, in...
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