former cbn governor

  1. Former CBN Official Testifies: Emefiele Allegedly Collected Bribes for Contracts

    Nigeria Former CBN Official Testifies: Emefiele Allegedly Collected Bribes for Contracts

    In a recent court hearing at the Lagos High Court Sitting in Ikeja, John Ayoh, a former Director of Information Technology at the Central Bank of Nigeria (CBN), testified against former CBN Governor Godwin Emefiele. Ayoh alleged that Emefiele had a practice of accepting bribes before awarding...
  2. As CBN Probe Concludes, Nigerians Anticipate Federal Government's Next Move

    Nigeria As CBN Probe Concludes, Nigerians Anticipate Federal Government's Next Move

    President Bola Tinubu officially closed the months-long investigation conducted by the Central Bank of Nigeria (CBN), expressing gratitude towards the special investigator, Mr. Jim Obazee, for his dedicated service. In a statement titled ‘President Tinubu thanks Jim Obazee as special...
  3. Nigerians Shocked and Mock Emefiele Over Revelations In Boss Mustapha's Statement About Signature Forgery and $6.2 Million Election scandal

    Nigeria Nigerians Shocked and Mock Emefiele Over Revelations In Boss Mustapha's Statement About Signature Forgery and $6.2 Million Election scandal

    In a courtroom drama that has sent shockwaves through the nation, the ongoing fraud trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, took a startling turn as former Secretary of the Government of the Federation (SGF), Boss Mustapha, testified as the fourth prosecution...
  4. Ex-SGF Boss Mustapha Testifies in $6.2m Trial; Distances Himself and Accuses Emefiele of Forgery in Foreign Election Observers Controversy

    Nigeria Ex-SGF Boss Mustapha Testifies in $6.2m Trial; Distances Himself and Accuses Emefiele of Forgery in Foreign Election Observers Controversy

    Former Secretary of the Government of the Federation, Boss Mustapha, dropped a bombshell on Tuesday during his appearance as the fourth prosecution witness in the ongoing fraud trial of the former Central Bank of Nigeria Governor, Godwin Emefiele. Mustapha asserted that $6.2 million was...
  5. Former CBN Governor Godwin Emefiele Faces New Allegations, Including Impersonation and Corruption, in Latest EFCC Probe Involving $6.2M

    Nigeria Former CBN Governor Godwin Emefiele Faces New Allegations, Including Impersonation and Corruption, in Latest EFCC Probe Involving $6.2M

    The Federal Government has amended the charges for the third time against the former Governor of the Central Bank of Nigeria, Godwin Emefiele. The Economic and Financial Crimes Commission (EFCC), in the latest charge presented before Justice Hamza Muazu, accused Emefiele of grave offenses...
  6. Former CBN Governor Emefiele Faces Upgraded 20-Count Charge in Legal Battle

    Nigeria Former CBN Governor Emefiele Faces Upgraded 20-Count Charge in Legal Battle

    The Federal Government is set to arraign former Central Bank of Nigeria (CBN) Governor Godwin Emefiele on an amended 20-Count Charge at the High Court of the Federal Capital Territory (FCT), Abuja, this Friday. Channels Television's Judiciary Correspondent, Shola Soyele, reveals details of the...
  7. Former CBN Governor Emefiele Granted Limited Travel Amidst Amended Charges

    Nigeria Former CBN Governor Emefiele Granted Limited Travel Amidst Amended Charges

    Justice Hamza Muazu of the Federal Capital Territory High Court has approved the request of the immediate past Governor of the Central Bank, Godwin Emefiele, to travel outside the FCT. However, the court has mandated that Emefiele remains within the country. This decision comes as a variation...
  8. Buhari Reveals Why Emefiele Wasn't Fired from CBN

    Nigeria Buhari Reveals Why Emefiele Wasn't Fired from CBN

    In a revealing memoir titled "Working with Buhari: Reflections of a Special Adviser, Media and Publicity (2015 – 2023)," former President Buhari clarifies why he chose not to dismiss Godwin Emefiele, the former Governor of the Central Bank of Nigeria, amidst speculations about Emefiele's...
  9. Former CBN Governor Godwin Emefiele Secures N100 Million Victory as Court Condemns Government for Rights Violation

    Nigeria Former CBN Governor Godwin Emefiele Secures N100 Million Victory as Court Condemns Government for Rights Violation

    Justice Olukayode Adeniyi of the Federal Capital Territory High Court Abuja has handed down a verdict favoring the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The court ordered the Federal Government to pay the sum of 100 million naira as compensation for the violation...
  10. CBN Investigator Rejects Titan Trust Bank's Delay in Union Bank Probe

    Nigeria CBN Investigator Rejects Titan Trust Bank's Delay in Union Bank Probe

    In a dramatic turn of events in the ongoing Union Bank controversy, Jim Obazee, the Special Investigator appointed by President Bola Tinubu to probe the Central Bank of Nigeria (CBN), has unequivocally rejected a plea by Titan Trust Bank (TTB) Chairman, Tunde Lemo, and two major investors to...
  11. Special Panel Summons Ex-CBN Deputy Governor Over Union Bank Acquisition

    Nigeria Special Panel Summons Ex-CBN Deputy Governor Over Union Bank Acquisition

    In a significant development, the Special Investigation Panel on the Central Bank of Nigeria (CBN) has issued a summons to Babatunde Lemo, the Chairman of Titan Trust Bank (TTB), regarding the acquisition of Union Bank of Nigeria. Lemo, a former CBN deputy governor, has been summoned alongside...
  12. Emefiele Hits Back, Denies Corruption Allegations in Shocking Probe Panel Report

    Nigeria Emefiele Hits Back, Denies Corruption Allegations in Shocking Probe Panel Report

    Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, vehemently denies accusations of corruption and theft following a report by a special investigation panel led by Jim Obazee. The report, submitted to President Bola Tinubu after six months of probing CBN activities under Emefiele...
  13. Mustapha and Emefiele Accused of Moving $6.2 Million from CBN Vault Ahead of 2023 Election

    Nigeria Mustapha and Emefiele Accused of Moving $6.2 Million from CBN Vault Ahead of 2023 Election

    Special investigator Jim Obazee has returned with damning allegations, recommending charges against senior officials from the past administration, including former cabinet secretary Boss Mustapha and ex-central bank chief Godwin Emefiele. The investigator asserts their involvement in a daring...
  14. Former CBN Governor Godwin Emefiele Regains Freedom After Meeting Bail Conditions

    Nigeria Former CBN Governor Godwin Emefiele Regains Freedom After Meeting Bail Conditions

    Embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele, has been released from the Kuje Correctional Centre upon meeting the bail conditions set by the Federal Capital Territory High Court. This development follows Emefiele's recent arraignment on a six-count charge related...
  15. Former CBN Governor Emefiele Accused of Using Proxies in Union, Keystone, and Polaris Bank Deals

    Nigeria Former CBN Governor Emefiele Accused of Using Proxies in Union, Keystone, and Polaris Bank Deals

    A detailed investigation led by special investigator Jim Obazee reveals startling claims against the sacked Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. The report suggests Emefiele utilized proxies in the acquisition of Union Bank, Keystone Bank, and Polaris Bank, with the late...
  16. Naira Redesign: Buhari's Nephew's Role Exposed by CBN Investigator

    Nigeria Naira Redesign: Buhari's Nephew's Role Exposed by CBN Investigator

    Tunde Sabiu, former President Muhammadu Buhari's nephew, emerges as the catalyst behind the redesign of the naira notes, according to Jim Obaze, the special investigator on the CBN and related entities. Obaze's report, submitted to President Bola Tinubu, uncovers how Sabiu advised Godwin...
  17. Ex-CBN Governor Emefiele Granted N300M Bail Amid Procurement Fraud Charges

    Nigeria Ex-CBN Governor Emefiele Granted N300M Bail Amid Procurement Fraud Charges

    Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja has granted Mr. Godwin Emefiele, the immediate past Governor of the Central Bank, bail in the sum of N300 million and two sureties in like sum. The sureties are required to provide certificates of occupancy and titles of...
  18. Ex-CBN Governor Emefiele Granted N300M Bail Amid Procurement Fraud Charges

    Nigeria Ex-CBN Governor Emefiele Granted N300M Bail Amid Procurement Fraud Charges

    Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja has granted Mr. Godwin Emefiele, the immediate past Governor of the Central Bank, bail in the sum of N300 million and two sureties in like sum. The sureties must provide certificates of occupancy and titles of properties...
  19. Ex-CBN Governor Emefiele Arraigned on N1.6bn Procurement Fraud Allegations

    Nigeria Ex-CBN Governor Emefiele Arraigned on N1.6bn Procurement Fraud Allegations

    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...
  20. FG Reduces Charges in Emefiele's Procurement Fraud Case,

    Nigeria FG Reduces Charges in Emefiele's Procurement Fraud Case,

    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...
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