Justice Rahman Oshodi rules that allegations of bias are unsubstantiated and insufficient to warrant disqualification. The former CBN governor’s attempt to halt proceedings fails as the...
Court upholds jurisdiction in Emefiele’s $4.5bn, ₦2.8bn fraud case. Four charges dismissed; 22 counts remain. Trial adjourned to February 24, 2025. An Ikeja Special Offences Court...
The Lagos State Special Offences Court in Ikeja has fixed December 12 for the hearing of an application by former Central Bank of Nigeria (CBN) Governor...
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Obiora, testified that the bank’s board did not recommend the 2022 naira redesign to then-President...
The Lagos federal high court has ordered the interim forfeiture of $2.045 million, seven landed properties, and shares linked to the former governor of the Central...
A high court in Maitama, Federal Capital Territory (FCT), has denied former Central Bank of Nigeria (CBN) Governor Godwin Emefiele’s request to travel to the United...
EFCC Pursues Naira Redesigning Charges Against Emefiele. Charges by the EFCC allege illegal activities, including unauthorized currency printing and misappropriation of funds. This marks the third...
By Bashorun J.K. Randle It would be something between hyperbole and premature jubilation to describe the minimum capital requirements for banks announced by Mr. Yemi Cardoso,...
Eko Hot Blog reports that the Ikeja High Court in Lagos has ordered the remand of Godwin Emefiele, the former governor of the Central Bank of...
Ex-CBN Governor, Emefiele Arrives Lagos Court For Arraignment. Allegations include arbitrary allocation of billions in foreign exchange without proper bidding. EFCC accuses Emefiele of corruption during...