Top Story

Breaking: Emefiele gets N50m bail

Persecondnews reports that Justice Rahmon Oshodi of a Lagos High Court sitting in Ikeja gave the ruling on Emefiele's bail application on Friday.

1.9k
Advertisement




A former Central Bank of Nigeria Governor, Godwin Emefiele, was on Friday in Lagos granted bail in the sum of N50 million.

Emefiele, who was remanded in the custody of the Economic and Financial Crimes Commission (EFCC) last week, was admitted to bail with two sureties in like sum.

Persecondnews reports that Justice Rahmon Oshodi of a Lagos High Court sitting in Ikeja gave the ruling on Emefiele’s bail application on Friday.

He is facing a fresh 26-count charge bordering on alleged abuse of office and irregular allocation of $4.5 billion and N2.8 billion, respectively.

Details soon…

Author

See also  Breaking: Tinubu in first security meeting with CDS, service chiefs, IGP

Leave a comment

Related Articles

Breaking: Appeal Court Overturns Deregistration of ADC, Four Other Parties

In a unanimous ruling, the Court of Appeal in Abuja has set...

98 Dead Since 2022: FG Confronts South Africa Envoy Over Targeted Attacks on Nigerians

By Omoyeni Ojeifo Recurring Afrophobic attacks against Nigerians in South Africa have...

Breaking: Many Feared Dead in Anambra Student Hostel Collapse

A tragic late-night collapse of a three-storey student lodge in Amokpala, Anambra...

Rail Transport Key to Fighting Poverty, NRC Boss Says; Rules Out Unilateral Fare Hike

Managing Director of the Nigerian Railway Corporation (NRC), Dr. Kayode Opeifa, says...