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    Binance Buys Back Tokens After $6.3bn Loss in History’s Biggest Heist Linked to North Korean Hackers

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    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

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    Don’t Use School Fees or Sell Your House to Buy Dangote Refinery Shares, Emir Sanusi Warns Nigerians

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    SEC Warns Investors as Dangote Refinery Opens N2.15tn Share Offer

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    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

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    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

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    Tinubu to Flamingos: Go and Bring the Cup Home – ‘Nigeria is Proud of You’

    Tinubu to Flamingos: Go and Bring the Cup Home – ‘Nigeria is Proud of You’

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    Binance Buys Back Tokens After $6.3bn Loss in History’s Biggest Heist Linked to North Korean Hackers

    Binance Buys Back Tokens After $6.3bn Loss in History’s Biggest Heist Linked to North Korean Hackers

    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

    Dangote Group Eyes $36bn Revenue as Lamu Refinery Project Advances

    Don’t Use School Fees or Sell Your House to Buy Dangote Refinery Shares, Emir Sanusi Warns Nigerians

    Don’t Use School Fees or Sell Your House to Buy Dangote Refinery Shares, Emir Sanusi Warns Nigerians

    SEC Warns Investors as Dangote Refinery Opens N2.15tn Share Offer

    SEC Warns Investors as Dangote Refinery Opens N2.15tn Share Offer

    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

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    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    Nigerian Model Oma Osele Wins Miss Continental World 2026 Crown

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

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    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

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    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

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    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

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    Ex-Adult Film Star Cindy In Tears, Says ‘I Regret Everything I’ve Done’

    Ex-Adult Film Star Cindy In Tears, Says ‘I Regret Everything I’ve Done’

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    D’banj Pours Out His Heart in Emotional Tribute to Late Son – ‘Daddy Loves You Specially’

    Wale Jana Weighs In as Toluwanisings’ Family Feud Deepens Over Singer’s Final Resting Place

    Wale Jana Weighs In as Toluwanisings’ Family Feud Deepens Over Singer’s Final Resting Place

    “See-Finish” Has Stripped Nigerian Musicians of Their Mystique, Star Power – Rudeboy

    “See-Finish” Has Stripped Nigerian Musicians of Their Mystique, Star Power – Rudeboy

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    ‘Make A Promise To God That Your Next Sex Will Be With Your Spouse’ — Nathaniel Bassey Tells Hallelujah Challenge Participants

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    How Blessing CEO Collected N69m From Me Posing As Property Owner — Witness Alleges

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    Tinubu to Flamingos: Go and Bring the Cup Home – ‘Nigeria is Proud of You’

    Tinubu to Flamingos: Go and Bring the Cup Home – ‘Nigeria is Proud of You’

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    ‘Joshua Is Done!’ Hrgovic Urges AJ to Retire After Latest Knockdown

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    Phyna’s Better Training Gives Her the Winning Edge Over Me — Nkechi Blessing

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Embattled Emefiele Arrives Lagos Court For Arraignment

The Daily Crucible by The Daily Crucible
April 8, 2024
in Business, News
0
Embattled Emefiele Arrives Lagos Court For Arraignment

 

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The embattled former Central Bank of Nigeria Governor, Godwin Emefiele, has arrived at the Ikeja State High Court in Lagos this morning for his arraignment.

 

Emefiele is accused of abuse of office and allocation of billions of dollars to certain interest while his reign lasted in the Central Bank of Nigeria (CBN).

The suspended CBN Governor alongside his co-defendant, one Henry Isioma Omole, will be arraigned on fresh 26 counts before Justice Rahman Oshodi this morning.

In the charge marked ID/23787c/2024 and dated April 3, 2024, the EFCC accused Emefiele of abusing his office between 2022 and 2023 in Lagos.

The commission alleged that the former CBN governor “directed to be done in abuse of the authority of your office, as the Governor, Central Bank of Nigeria, an arbitrary act, to wit: allocating foreign exchange in the aggregate sum of $2,136,391,737.33 without bids, which act is prejudicial to the rights of Nigerians.”

 

 

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