Senate President Godswill Akpabio, said on Sunday, that the Bola Tinubu administration inherited an economic mess from former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, and is unsure what charges to bring against him. At Senator Barinada Mpigi’s Thanksgiving service in Koroma, Tai Local Government Area of Rivers State, Akpabio described the economic situation left by …

Former Secretary of the Government of the Federation (SGF), Mr. Boss Mustapha said on Tuesday that $6.2 million was released from the Central Bank of Nigeria (CBN) in February 2023 using a forged document. Mustapha stated this when he appeared as the fourth prosecution witness in the ongoing fraud trial of the immediate-past CBN Governor, Mr. Godwin Emefiele, before the …

A former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has been released from the Kuje Correctional Centre after meeting up with his bail condition.. It was learnt that Emefiele was released on Friday. The spokesperson for the Kuje Correctional Centre, FCT, Adamu Duza, confirmed the development to our correspondent on Saturday. “I can confirm to you …

A Federal Capital Territory High Court will deliver judgment in the enforcement of a fundamental rights suit filed by a former Central Bank of Nigeria Governor, Godwin Emefiele, on 8th January 2024. Following his prolonged detention, Emefiele had dragged the Federal Government, Attorney-General of the Federation, Executive Chairman, Economic and Financial Crimes Commission (EFCC), and the commission before the court …

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, Mr. Godwin Emefiele. Director of Public Prosecutions at the Federal Ministry of Justice, Mr. Mohammed Bakodo Abubakar, who approached the Federal High Court in Lagos with an oral application, said the withdrawal followed the …

The scuffle between officials of the Department of State Services, DSS, and Nigerian Prisons Services at the premises of the High Court is being probed by the security agency, its spokesman, Dr Peter Afunanya, said yesterday. Afunanya said the DSS did not authorise the operation, given its respect for the judiciary, describing the incident as unfortunate. Afunanya, who said in …

The Department of State Services (DSS) said it has identified persons and groups planning to stage campaigns of calumny against it and the Federal Government over the investigation of suspended Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele. In a statement on Saturday evening, DSS spokesman, Dr. Peter Afunanya said such groups intend to gather at different points in …

Human rights lawyer, Mr. Femi Falana has said that the Department of State Services (DSS) lacks the constitutional power to investigate and prosecute the suspended Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele. The Senior Advocate of Nigeria said in a statement on Sunday that Emefiele should be transferred to the custody of the Economic and Financial …

The Senator representing Kogi West, Smart Adeyemi has called on the incoming administration to investigate the circumstances that greeted the naira redesign policy. Senator Adeyemi specifically urged the President-elect Bola Ahmed Tinubu to ensure that the Central Bank of Nigeria governor, Mr. Godwin Emiefiele is invited for questioning to shed light on those who were involved. The lawmaker, who was …

Nigerians will have to wait for more time for the  Central Bank of Nigeria (CBN) to meet the high demand for the new N200, N500, and N1000 notes, according to reports. This is because the Nigerian Security Printing and Minting Plc (The Mint), which is saddled with the task of printing the money, lacks the immediate capacity to meet expectations. …