Breaking: Court negates warrant for Emefiele’s arrest, detention

July 14, 2023 Blossom 0

A second court has invalidated the Department of State Services’ (DSS) arrest, detention, and questioning of suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele, just 24 hours after a Federal Capital Territory High Court in Abuja ordered his release from custody. In a judgment upon an Originating Motion on Notice brought before the Court by Emefiele, against Incorporated Trustees of Forum for Accountability and Good […]

How CBN under Emefiele moved over shady N400billion to former NSA’s office in two years

June 29, 2023 Blossom 0

Between August 2016 and November 2018, the Central Bank of Nigeria (CBN) made a number of transfers totaling $616 million (more than N400 billion) to the office of the National Security Adviser (NSA) under Major-General Babagana Monguno. This unusual action reveals the murky business practices of the CBN under recently suspended Governor Godwin Emefiele. Data obtained from the website of the CBN showed that the apex bank started making these transfers to the NSA in August 2016, about […]

Corruption scandal: Fear as embattled Emefiele calls out top traditional rulers, army generals, judges as his accomplices

June 22, 2023 Blossom 0

According to DSS sources, Godwin Emefiele, the suspended governor of the Central Bank of Nigeria who is presently in their custody, has named a number of traditional leaders, judges, and generals in the Nigerian Army as his accomplices. Emefiele, who is said to be “cooperating with investigators” reportedly narrated how he gave money to monarchs, army generals and judges at some point […]

Breaking: Emefiele challenges DSS for his detention

June 20, 2023 Blossom 0

Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), filed a complaint against his arrest with the Federal Capital Territory High Court in Abuja on Tuesday. In his originating motion on notice, Emefiele is praying for the court to enforce his right to liberty and freedom of movement, as there […]

Monetary policies: How embattled CBN boss ruined Nigeria’s economy – Experts

June 13, 2023 Blossom 0

Whether for negative or positive reasons, the Central Bank of Nigeria’s (CBN) suspended Governor, Godwin Emefiele, will undoubtedly live on in the thoughts of Nigerians. From June 2014 to June 9th 2023, when Bola Ahmed Tinubu’s administration suspended him, Emefiele oversaw Nigeria’s monetary policies, by extension, the economy. However, […]