Emefiele awarded Nmulti-million contracts to frunish, decorate official residence to wife -Witness

Michael Agboro, a witness presented by the Economic and Financial Crimes Commission (EFCC) at the Federal Capital Territory High Court sitting at Maitama, Abuja, in the former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele’s ongoing alleged money laundering trial has told the court that Emefiele awarded multimillion naira contracts to his own wife’s company. Agboro, told the court that Emefiele awarded contracts worth hundreds of millions of naira to Architekon Nigeria Limited, a company where his wife, Margaret Omoyile, is listed as a director. Agboro, who is an investigator…

Read More

Emefiele, others forged ex-Pres. Buhari’s signature to steal $6.2m -Ex-SSG alleges

The immediate-past Secretary to the Government of the Federation, Boss Mustapha, said on Tuesday that $6.2m was released from the Central Bank of Nigeria in February 2023 using a forged document. The money, he said, was released for foreign observers ahead of the 2023 general elections. Mustapha stated this when he appeared as the fourth prosecution witness in the ongoing fraud trial of the immediate-past CBN Governor, Godwin Emefiele, before the Federal Capital Territory High Court in Maitama, Abuja. The EFCC arraigned Emefiele on amended 20 counts bordering on forgery,…

Read More

New Naira Notes: CBN bows to pressure, grants 10 days extension

The Central Bank of Nigeria has extended deadline for the swapping of old naira notes from January 31, 2023 till February 10, 2023. This is according to the CBN governor, Godwin Emefiele, on Sunday. The apex bank said it added “a 10-day extension of the deadline from January 31, 2023, to February 10, 2023, to allow for the collection of more old notes.” He also noted that Nigerians would still be able to deposit their old notes directly with the CBN until February 17, 2023, described as “grace period.” There…

Read More

Travails of ‘Brother’ Godwin, the clock ticks for Emefiele as CBN Governor

For Godwin Emefiele, Governor of Nigeria’s Central Bank, all are not well, no merry Christmas or the usual yuletide courtesies as the man who sits atop the apex bank is in serious trouble courtesy of a cocktail of criminal allegations including the high calibre ‘terrorism financing and other nefarious activities of national security dimension’ leveled against him by the Directorate of Secret Service . The embattled Emefiele was part of President Muhammadu Buhari’s entourage to the US-Africa Leaders’ Summit held between December 13 and 15 in Washington DC and was…

Read More

Yes! ‘Emefiele wants to be President’, Lawyer confirms

Mike Ozekhome’s Chambers, lawyers to the Governor of Central Bank of Nigeria, Godwin Emefiele, said the banker aspires to become Nigeria’s president and participate as a candidate in the 2023 presidential election. A lawyer from the chambers, Maliki Sylvanus, disclosed this in an affidavit in support of Emefiele’s originating summons filed before a Federal High Court, Abuja Division and marked FHC/ABJ/CS/610/2022. This is contrary to Emefiele’s claim on Friday that he is still waiting on God to take a decision on the matter. In the four-page affidavit, Sylvanus, a senior…

Read More

Emefiele: ‘God has not directed me to run’, rejects N100m nomination form gift

Godwin Emefiele, Governor of Nigeria’s Central Bank says he is awaiting directives from God before he would declare his intention to run for the office of the President of Nigeria in the 2023 general elections. Mr. Emefiele made this known in a series of tweets on his official Tweeter handle @GodwinIEmefiele while reacting to the reported purchase of the All Progressives Congress Presidential Nomination form for him by a group of farmers and friends. Read his tweet below: I am humbled by the growing interest of those asking that I…

Read More

Dangote at CBN Gov’s Roundtable laments state of Nigeria’s economy

Africa’s richest man, Alhaji Aliko Dangote, on Wednesday gave a touching verdict on efforts by successive governments to transform the nation’s economy, saying that Nigeria’s economy is not working. This is as even as he said Nigeria’s economic diversification programme has been largely sluggish and elusive, warning that the risks are huge if Nigeria fails to fast-track the diversification of her economy. Dangote spoke Wednesday at the ongoing Roundtable parley with the CBN Governor, Mr. Godwin Emefiele, with the theme “Going for Growth 2.0.” Dangote said: “My heart bled when…

Read More