The Presidency says a controlled floatation of the naira to prevent further devaluation would only return Nigeria to the economic regime of the embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele, PUNCH reports.JAMB Result It said the policy, which saw about $1.5bn spent monthly to shore up the naira, fuelled financial malpractices, … Read more
The Former Secretary to the Government of the Federation (SGF), Boss Mustapha, on Tuesday, while appearing before the Federal Capital Territory (FCT) High Court, Abuja, to testify in the ongoing trial of ex-Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, disclosed that the documents used in paying international election observers the sum of … Read more
As reported by the Punch, the Economic and Financial Crimes Commission has declared Margaret Emefiele, wife of a former Governor of the Central Bank of Nigeria, Godwin Emefiele, and three others, wanted for money laundering. Mrs Emefiele, Mr Eric Odoh, Anita Omoile and her husband, Jonathan Omoile, were declared wanted Friday night for allegedly conspiring … Read more
The Economic and Financial Crimes Commission (EFCC) is reportedly conducting an investigation into at least $347 billion allocated to companies in Nigeria between January 2014 and June 2023.JAMB Portal The investigation has expanded to include some foreign firms operating in Nigeria. The EFCC’s scrutiny focuses on 52 companies, including the Dangote Group, which received the … Read more
The former Governor of the Central Bank of Nigeria, Godwin Emefiele, was arraigned on Friday at the High Court of the Federal Capital Territory in Maitama, Abuja, on a 20-count charge related to corruption and forgery.NYSC Portal Emefiele, dressed in an ash-colored pair of trousers and a dark jacket, appeared at the court accompanied by … Read more
The Abuja Federal Capital Territory High Court ruled that the extended detention of former Central Bank of Nigeria Governor, Godwin Emefiele, without trial, was a severe breach of his fundamental rights. The court imposed a N100 million fine on the Federal Government and the Economic Financial Crime Commission (EFCC) and prohibited them from re-arresting or … Read more
The Economic and Financial Crimes Commission (EFCC) has escalated its investigation into alleged abuses of foreign exchange allocations under the leadership of the former governor of the Central Bank of Nigeria, Godwin Emefiele. As part of this investigation, the EFCC has now summoned officials of the Dangote Group, owned by billionaire Aliko Dangote, to bring … Read more
Operatives from the Economic and Financial Crimes Commission (EFCC) have conducted a raid at the headquarters of Dangote Industries Limited in Ikoyi, Lagos.InformationGuideNigeria This action is part of an ongoing investigation into alleged abuse of foreign exchange allocations by the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The EFCC is investigating … Read more
A High Court of the Federal Capital Territory (FCT) in Maitama, Abuja, has granted bail in the sum of N300 million, to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. As part of the bail conditions, Justice Hamza Muazu said Emefiele is to produce two sureties, who must have landed property in the Maitama … Read more
The High Court of the Federal Capital Territory (FCT) on Wednesday aborted the trial of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on criminal charges of economic sabotage, abuse of public office and breach of trust.InformationGuideNigeria DAILY POST reports that the opening of the trial was forced to be put off … Read more