Emefiele Archives - Nigeria Business Now

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Emefiele’s naira notes redesign brought untold economic hardship to Nigerians, witness tells court

An Economic and Financial Crimes Commission, (EFCC) witness, Chinelo Eneanya, on Thursday told an Abuja high court, that former Central Bank of Nigeria Governor, Godwin Emefiele’s naira notes redesign brought economic hardship to Nigerians. Eneanya, an investigator with the EFCC was the seventh prosecution witness (PW7) in Emefiele‘s trial[Read More…]

October 31, 2025 by Eberechi Constance Comments are Disabled

News

Alleged 753-units housing estate fraud: Emefiele pleads not guilty, granted N2bn bail

Justice Yusuf Halilu of an FCT High Court, on Monday, admitted the former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele to bail in the sum of N2 billion in a fresh charge of property fraud. The Economic and Financial Crimes Commission (EFCC) filed an eight-count charge against[Read More…]

June 16, 2025 by Eberechi Constance Comments are Disabled

Business

Court dismisses Emefiele’s application challenging jurisdiction

An Ikeja Special Offences Court on Wednesday dismissed the application filed by the embattled ex-Governor of Central Bank, Godwin Emefiele, challenging the jurisdiction of the court to hear his case. The Economic and Financial Crimes Commission (EFCC) had filed a 26-count charge against Emefiele, for alleged misuse of office,[Read More…]

January 9, 2025 by Eberechi Constance Comments are Disabled

Business

Ex-personal aide testifies how he collected $400,000 for Emefiele in n court

The seventh prosecution witness, Mr John Adetola, in the ongoing trial of the ex-governor of Central Bank, Godwin Emefiele, narrated how he collected the sum of $400,000 on behalf of the ex-governor. Adetola, who was the former personal assistant to Emefiele, made the revelation on Thursday while[Read More…]

November 30, 2024 by Eberechi Constance Comments are Disabled

Business

Court orders interim forfeiture of 3 posh Abuja properties valued at N11.14bn link to Emefiele

Court orders interim forfeiture of 3 posh Abuja properties valued at N11.14bn link to Emefiele Justice Chukwujekwu Aneke of a Federal High Court sitting in Lagos has ordered an interim forfeiture of properties valued about N11.14 billion linked to the embattled former Governor of the Central Bank[Read More…]

June 7, 2024 by Eberechi Constance Comments are Disabled

Business

Court orders interim forfeiture of N830m, $4.7m, properties linked to Emefiele

Court orders interim forfeiture of N830m, $4.7m, properties linked to Emefiele The federal high court in Lagos has ordered an interim forfeiture of $4,719,054, N830,875,611, and other assets linked to Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN). The Economic and[Read More…]

May 24, 2024 by Eberechi Constance Comments are Disabled

Business

Emefiele arraigned for printing naira notes without ‘strict approval’, pleads not guilty

Emefiele arraigned for printing naira notes without ‘strict approval’, pleads not guilty The former governor of the Central Bank of Nigeria, Godwin Emefiele has pleaded not guilty to charges of printing N684 million notes at a rate of N18.96 billion without the proper approval. Emefiele was[Read More…]

May 15, 2024 by Eberechi Constance Comments are Disabled

Business

Obazee submits final investigative report on Emefiele, CBN to Tinubu

Obazee submits final investigative report on Emefiele, to Tinubu President Bola Tinubu has commended Jim Obazee for his services as a special investigator as he concludes his probe on the activities of the Central Bank of Nigeria (CBN) and related entities. In July 2023, Tinubu appointed Obazee, former[Read More…]

April 5, 2024 by Eberechi Constance Comments are Disabled

Business

EFCC Arrests Emefiele After His Release by DSS

EFCC Arrests Emefiele After His Release by DSS Former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has been arrested by the Economic and Financial Crimes Commission (EFCC). Emefiele is currently being detained at the EFCC Headquarters in Abuja. He was picked up by operatives of the commission hours[Read More…]

October 28, 2023 by Eberechi Constance Comments are Disabled

News

Court dismisses DSS suit seeking to keep Emefiele in detention

Court dismisses DSS suit seeking to keep Emefiele in detention The Federal Capital Territory (FCT) High Court in Abuja has dismissed a request filed by the Department of State Services (DSS) seeking a 14-day extended detention order for the suspended Central Bank Governor, Godwin Emefiele. The application was filed[Read More…]

July 27, 2023 by Eberechi Constance Comments are Disabled

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