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Godwin Emefiele News - Page 8

Supreme Court Upholds Final Forfeiture of Seven Luxury Properties Linked to Emefiele

July 17, 2026

The Supreme Court has upheld the final forfeiture of seven luxury properties linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, bringing to an end a protracted legal battle over

News

Forensic Expert Confirms Forgery Of Buhari’s Signature To Withdraw $26m

March 7, 2024

A forensic expert, Bamaiyi Haruna on Thursday, informed the the Federal Capital Territory High Court, Abuja, that documents used to facilitate the withdrawal of $6.23 million from the Central Bank of Nigeria (CBN) last

News

Emefiele Undergoes Another Trial As EFCC Files Fresh Charges

January 21, 2024

Godwin Emefiele, a former governor of the Central Bank of Nigeria (CBN), has been re-arraigned by the Economic and Financial Crimes Commission (EFCC) before Justice Hamza Muazu of the Federal Capital Territory

News

EFCC Vows To Appeal N100m Damages Awarded In Favour Of Emefiele

January 8, 2024

The Economic and Financial Crimes Commission (EFCC), has expressed dissatisfaction with a judgment of the Federal Capital Territory (FCT), High Court awarding N100 million damages against it in favour of a former

Buhari Approved Naira Redesign, Investigator Appointed By Tinubu Pursuing Satanic Agenda - Emefiele Responds

Business News·News

Buhari Approved Naira Redesign, Investigator Appointed By Tinubu Seeking Satanic Agenda – Emefiele Responds

December 24, 2023

Embattled former Central Bank Governor, Godwin Emefiele has reacted to claims contained in the widely-circulating report of the Special Investigator that probed his tenure at the CBN. He dismissed allegations contained therein

Moghalu Lists What Makes Emefiele Most Damaging CBN Governor In History

News·Top Stories

Moghalu Exposes What Makes Emefiele Most Damaging CBN Governor In History

December 24, 2023

Board Chairman of the Africa Private Sector Summit (APSS), Kingsley Moghalu has adduced reasons why he thinks the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is the

Business News·Finance & Economy·News

Moghalu Criticizes ‘Media Trial’ Of Godwin Emefiele, Stresses Caution Amid Fraud Allegations

December 24, 2023

Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has stepped forward to condemn what he termed a “media trial” surrounding the allegations against ex-CBN chief Godwin Emefiele. Emefiele

News·Top Stories

Former CBN Governor, Emefiele Leaves Kuje Prison

December 23, 2023

Embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, who has been behind bars since his arrest by the DSS in June, has now regained freedom from the Kuje

DSS Rearrests Emefiele After Tussle With Prison Officials

Business News·News

CBN Investigator Wants Union Bank, Keystone, Titan Trust Nationalised Over Emefiele’s ‘Fraud’

December 23, 2023

Former Central Bank Governor Godwin Emefiele, who is currently cooling off in the Kuje Custodial Centre over N1.2bn procurement fraud, has been accused of using proxies to acquire Union Bank of Nigeria

News

CBN Investigator’s Report Reveals How Emefiele, Others Stashed billions In 593 Accounts

December 22, 2023

A report by the independent investigator appointed by President Bola to probe activities of the immediate past administration of the Central Bank of Nigeria has alleged that the embattled former CBN governor,

Business News·News

Emefiele, Buhari’s Powerful Aide Risk Fresh Criminal Prosecution Over Naira Redesign Policy

December 22, 2023

Following the submission of the report of the Special Investigation on Central Bank of Nigeria and Related Entities (Chargeable offences) to President Bola Tinubu this week, former CBN Governor, Godwin Emefiele might

Emefiele Settles For Plea Bargain In N6.9bn Procurement Fraud Case

News

Alleged N1.6bn Fraud: Emefiele Remanded In Prison As Court Adjourns To January 2024

November 28, 2023

e Federal Capital Territory High Court, Abuja, has adjourned to January 18 and 19 for a continuation of the trial of former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,

Opinion

Why Godwin Emefiele Shouldn’t Go Down Alone

November 19, 2023

It is a bit of a relief that Godwin Emefiele is finally having his day in court. He now has the opportunity to defend himself, and possibly prove his innocence. He is

FG Files 20 New Charges Against Godwin Emefiele

Business News·News·Politics

Emefiele Accused Of N1.6bn Irregularities, Remanded Ahead Of Trial

November 17, 2023

Mr. Godwin Emefiele, the former Central Bank of Nigeria (CBN) Governor, confronted a six-count charge related to alleged irregularities in procurement, marked by a reduced sum of N1.6 billion from an initial accusation

Business News·Currency·Insights

2years Of BDC Ban: Dollar Hoarders Made Whopping 80% Gain From Emefiele’s Infamous Decision

August 24, 2023

Six days ago, the Central Bank of Nigeria (CBN) lifted the restriction placed on sales of foreign exchange to the Bureau De Change operators by the apex Bank’s suspended chief, Godwin Emefiele.

Business News

Emefiele Settles For Plea Bargain In N6.9bn Procurement Fraud Case

August 23, 2023

The suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has settled for a plea bargain following the 20-count charges filed against him by the Federal Government. Emefiele was expected

Business News

FG Files 20 New Charges Against Godwin Emefiele

August 15, 2023

The Federal Government filed 20 new charges against the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday. FG made the disclosure after withdrawing its illegal possession of

Oby Ezekwesili Berates Nigerian Senate Over Natasha’s Suspension

Politics

Emefiele: Comply With Rule Of Law, Ezekwesili, Inibehe Effiong Tell DSS

July 26, 2023

Former Nigeria’s Minister of Education, Dr Oby Ezekwesili has called on the Director General of the Department of State Services (DSS) to adhere to the rule of law by obeying court orders.

Emefiele: How DSS Operatives Rough-handled Top Ikoyi Prison Official During Clash In Court Premises

News

Emefiele: How DSS Operatives Arrested Top Ikoyi Prison Official On Court Ground

July 25, 2023

Men of the Department of State Services on Tuesday manhandled the commander of Ikoyi Prisons in the premises of the Federal High Court in Lagos State. Officials of both federal government agencies

Business News

DSS Rearrests Emefiele After Tussle With Prison Officials

July 25, 2023

The suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, will not be leaving the custody of the Department of State Services (DSS) anytime soon, as he was rearrested on

News

Breaking: DSS, Prisons Tussle Over Emefiele’s Custody

July 25, 2023

A mild drama played out at the Federal High Court, Lagos between operatives of the Department of State Services (DSS) and officials of the Nigeria Correctional Service (NCS) over who would take

News

Court Grants Emefiele N20m Bail

July 25, 2023

The suspended governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has been granted bail in the sum of N20 million. Emefiele was granted bail by the Federal Court Lagos,

Business News

Updated: Emefiele Secures N20m Bail After FG’s Protest

July 25, 2023

The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has pleaded not guilty in the illegal firearm case instituted by the Department of State Services (DSS). Emefiele was arraigned

Business News

Emefiele Presented In Court, DSS’ Case Against Ex-CBN Chief Begins

July 25, 2023

The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been arraigned by the Department of State Services (DSS). Emefiele was presented to the federal high court in Ikoyi,

Business News

Emefiele Risks Another Arrest Over $53 million Judgement Debt

July 20, 2023

Justice Inyang Ekwo of the Federal High Court, sitting in Abuja, said it will issue an arrest warrant against the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Emefiele

Business News

DSS Attacks ‘Outlawed IPOB Counsel’ Over Emefiele’s Detention

July 19, 2023

The Department of State Services (DSS) has criticised counsel to IPOB/ESN, Maxwell Okpara, for defending the prosecution of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. In a

Business News

Emefiele Flight Risk, Could Flee If Granted Bail, Court Hears

June 21, 2023

Suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, could flee the country if granted bail, the Department of State Services (DSS) told the Federal Capital Territory High Court on Tuesday, 20

Sanusi Backs Tinubu’s Decision On Emefiele, Others, Says Investors Happy With Policies

Business News

Sanusi Backs Tinubu’s Decision On Emefiele, Says Investors Happy With Policies

June 16, 2023

The former Governor of the Central Bank of Nigeria (CBN), Muhammad Sanusi, has backed the economic decisions of President Bola Tinubu, which include the end of fuel subsidies and the suspension of

Business News

Whistleblower Reveals How Emefiele Detained Him For 101 Days Over $3bn Forex Scam

June 13, 2023

The Chairman of the George Uboh Whistleblowers Network, George Uboh, said he was detained for 101 days by Godwin Emefiele for exposing his alleged involvement in a forex scam. Uboh said Emefiele

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business News

Dollar, Euro, Pound Rates Rise After Emefiele’s Arrest

June 13, 2023

On Monday, the average rate to exchange the naira to the dollar in the black market increased by N4 or 0.53%, as the naira shed some value to the American greenback. According

News

Nigerians React To Godwin Emefiele’s Threat Over Buying Dollar With Naira

Nigerians are criticising the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for his plan to go after persons selling naira to buy dollar amid scarcity of foreign currency. Prime Business Africa had reported earlier on Wednesday that Emefiele said

July 20, 2022

CBN Places Service Restriction On PoS Agents Across Nigeria

Business News·News

CBN’s Emefiele Reveals Punishment For Politicians Funding 2023 Election With Dollars

Politicians planning to buy dollar to fund the coming 2023 election have been warned against such action, as the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says forex is being monitored. Emefiele said it is illegal, and could warrant

July 20, 2022

Business News·Oil & Gas

NNPC’s Kyari, CBN’s Emefiele Accused Of Frustrating Fuel Subsidy Investigation

The House of Representatives Speaker, Femi Gbajabiamila, criticised Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, and three others for failing to appear before the lawmakers. Nigeria’s green chamber had summoned Kyari, Minister of State for Petroleum, Timipre

July 6, 2022

Business News·News

Lawmakers To Summon CBN’s Godwin Emefiele Over AMCON’s N5 trillion Debt

The House of Representatives have decided to summon the heads of Central Bank of Nigeria (CBN), Nigerian Financial Intelligence Unit (NFIU), and Nigeria Deposit Insurance Corporation (NDIC), over their inability to recover the N5 trillion owed to Asset Management Corporation of Nigeria

July 4, 2022

Business News·News

Buhari Finally Reacts To Godwin Emefiele’s Political Ambition, Discloses Those To Probe CBN Governor

Months after the Central Bank of Nigeria (CBN), Godwin Emefiele, decided to withdraw from contesting for an elective position in the government, President Muhammadu Buhari has addressed the outcry that trailed his political ambition. Emefiele’s decision to contest for political office via

June 22, 2022

Business News·Technology

NairaEx Founder, David Ajala, Reveals How CBN Cryptocurrency Ban Made Bitcoin, Others More Popular

David Ajala, the Chief Executive Officer and founder of Nigerian cryptocurrency exchange, NairaEx, said the Central Bank of Nigeria (CBN) ban on cryptoasset trading affected user transactions in the Nigerian digital currency market. At the start of November last year, bitcoin trade

June 15, 2022

Business News·Finance & Economy

Godwin Emefiele Increases Bid For Non-interest Asset-backed Securities To N100 million

The minimum bid for non-interest asset-backed securities has been raised to N100 million by the Central Bank of Nigeria (CBN), a circular signed by the apex bank’s Director, Financial Markets Department, Angela Sere-Ejembi, disclosed. In the circular issued in 2022, titled “Framework

June 13, 2022

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

News·Africa

Africa’s Richest Man, Dangote To Borrow Additional $1.1 Billion To Complete Refinery By 2023

A new report has it that Africa’s richest man, Aliko Dangote, may not really have the kind of money needed to complete his much-vaunted refinery by the proposed date of 2023. This lays credence to one statement by the CBN governor, Godwin

May 16, 2022

News

2023 Presidency: I’m Yet To Make Up My Mind – CBN Governor Emefiele

Barely 24 hours after news circulated that a group of people obtained presidential nomination forms for the Central Bank of Nigeria Governor Mr. Godwin Emefiele, he turned down the offer, stating that he has not concluded on joining the race.

May 7, 2022

Opinion

The Economics, Politics Of Rice Pyramids

By Etim Etim Sometime in 2001, a group of American bankers from US EXIMBank came to make a presentation to the senior management staff of the bank I was working for at that time on Marina, Lagos. They were prospecting a

January 21, 2022

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