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Emefiele Withdrew N124.86bn From CBN Without Finance Ministry, AGF Approval, Witness Tells Court

A director in the Federal Ministry of Finance has told a Federal Capital Territory (FCT) High Court in Maitama that the ministry and the Office of the Accountant-General of the Federation (OAGF) were unaware of the withdrawal of N124.86 billion from the Central Bank of Nigeria (CBN). Testifying on Tuesday as the 10th prosecution witness […]

‘I Received $600,000 in Bribes for Emefiele,’ Former CBN Director Alleges

In a significant development at the Ikeja Special Offences Court, Lagos, on Monday, Mr. John Ayoh, a former Director of Information Technology at the Central Bank of Nigeria (CBN), disclosed startling details regarding his alleged acceptance of $600,000 in bribes on behalf of the embattled former governor of the apex bank, Godwin Emefiele. Ayoh, who […]

EFCC Detains Emefiele After DSS Release

The Economic and Financial Crimes Commission (EFCC) has initiated a comprehensive investigation into the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. This investigation revolves around alleged foreign debts of $15 billion and the utilization of N74.84 billion for the production and circulation of new naira notes. These allegations complement the existing […]

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