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Court Grants Emefiele N50m Bail
The Lagos State Special Offences Court has granted the embattled former Central Bank Governor, Godwin Emefiele, bail of N50 million after being charged with a 26-count bordering on alleged abuse of office and irregular allocation of $4.5 billion and N2.8 billion respectively. Emefiele was admitted to bail with two sureties in like sum by…
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Emefiele Remanded in Kuje Correctional Centre
The High Court sitting in the Federal Capital Territory has ordered that the former Governor of the Central Bank of Nigeria, Godwin Emefiele, be remanded in the Kuje Correctional Centre pending the determination of his bail request. Emefiele is standing trial on an alleged procurement fraud. The trial which had been stalled on three occasions…
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FG Files Fresh Charges against Emefiele
The Federal Government on Tuesday applied to withdraw the charge of illegal possession of firearms filed against the suspended governor of the Central Bank of Nigeria, Godwin Emefiele. Director of Public Prosecutions at the Federal Ministry of Justice Mohammed Bakodo Abubakar who approached the Federal High Court in Ikoyi with an oral application said the withdrawal…
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Embattled Former CBN Governor Appears in Court Tuesday
The suspended Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele is expected to be formally arraigned on Tuesday, July 25, 2023 for alleged possession of gun and ammunition. Emefiele will appear before the Federal High Court, Lagos on a on a two-count charge of unlawful possession of a pump action rifle and…
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Tinubu Suspends Emefiele as CBN Governor
President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect,” the Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey said in a statement on Friday.“This is a sequel to the ongoing investigation of his office and the planned reforms…
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BREAKING: CBN Extends Old Naira Notes Deadline Till February 10
By Olaolu Fawole The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10. CBN Governor, Godwin Emefiele, announced the extension in a statement signed on Sunday. Details shortly.
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New Naira Notes Enter Circulation Today
…Banks begin reconfiguration of ATMs to recognise new naira notes The newly redesigned naira notes will go into circulation on Thursday with Deposit Money Banks releasing the bills to their customers via over-the-counter payments. This came about three weeks after President Muhammadu Buhari unveiled the new bills at a weekly Federal Executive Council meeting in…
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CBN Gov speaks on 2023 Presidency, Nomination Forms
The Governor of the Central Bank, Mr Godwin Emefiele, has said that he would make a decision on the 2023 presidency in a few days. He said this in a series of tweets on Saturday. The CBN Governor had come under heavy criticism over the All Progressives Congress’ Presidential Expression of Interest and Nomination forms…
