A witness, Victor Onyejiuwa, has told the Lagos High Court sitting in Ikeja how he was pressured to pay a bribe of $600,000 to for the award of a contract from the Central Bank of Nigeria (CBN) under embattled former governor, Godwin Emefiele. Onyejiuwa who is a contractor and Managing Director of The Source Computers…

As the trial of embattled ex- governor of Central Bank, Godwin Emefiele, and his co-defendant, Henry Omoile resumed before the Special Offences Court, three prosecution witnesses yesterday testified with bundle of documents tendered as exhibits.

A constitutional lawyer, Obe Agu, has criticised Senate President Godswill Akpabio for his remarks regarding the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Agu, in a report, clarified that Emefiele's responsibility was to manage monetary policy and not the overall economy, as erroneously stated by Akpabio during a speech at Ikot…

The Ohanaeze Youths have criticized the President of the Senate, Godswill Akpabio, for his comments regarding the immediate-past Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The youth group defended Emefiele, arguing that he played a key role in stabilizing Nigeria's economy while alleging that the National Assembly under Akpabio's leadership has contributed…

The Arewa Youths have strongly criticized the President of the Senate, Senator Godswill Akpabio, for his recent comments accusing the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, of leaving behind a "foamy economy." The youth group claims that the National Assembly's budget padding, rather than Emefiele's actions, has caused significant financial…

The Middle Belt Youths Forum (MBYF) has strongly criticized the President of the Senate, Godswill Akpabio, for his recent comments about the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Akpabio had accused Emefiele of leaving behind a "foamy economy" and creating a significant deficit in the national treasury. In a statement…

The upcoming Annual Conference of West African Human Rights Watch Groups, sponsored by the African Center for Justice and Human Rights (ACJHR), will focus on the performance of West African governments in their fight against corruption and their commitment to fair and diligent prosecution. The conference, set to take place in Accra, Ghana, next week,…

The schedule continuation of trial by a Lagos Special Offences Court, Ikeja of the embattled former Central Bank (CBN) Governor, Godwin Emefiele, was stalled over additional proof of evidence served by the prosecution team.

An Ikeja Special Offences Court, on Friday, adjourned until May 9, for defence to study additional proof of evidence submitted by the Economic and Financial Crimes Commission (EFCC) on the former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.

Economic and Financial Crimes Commission (EFCC) has said it would on May 15 arraign former Governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele, in a Federal Capital Territory High Court on a three-count amended charge.

Former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Monday challenged the Lagos high court to hear the suit filed against him by the Economic and Financial Crimes Commission (EFCC) but it was deferred. Counsel to Emefiele, Olalekan Ojo, made the challenge, arguing that the court lacks the jurisdiction to entertain the…

The Central Bank of Nigeria (CBN) may have discreetly abandoned the much-commended foreign exchange (FX) rate harmonisation less than a year after the policy direction was announced by the authority, market data have suggested.