Tag: Godwin Emefiele
Proposed Amendment Aims to Curtail Political Engagement of CBN Officials
A proposed amendment to the Central Bank of Nigeria (CBN) Act 2007 seeks to curb the involvement of high-ranking officials of the apex bank in partisan politics. Spearheaded by former legislator Darlington Nwokocha, the revision aims to impose a three-year ban on the chairman, governor, and deputy governors of the CBN from engaging in political…
EFCC Arraigns Former CBN Governor Godwin Emefiele for Fraud
The Economic and Financial Crimes Commission (EFCC) has brought charges against Godwin Emefiele, the former Governor of the Central Bank of Nigeria, for an alleged $4.5 billion and N2.8 billion fraud. Emefiele was arraigned alongside Henry Omoile on an amended 26-count charge before Justice R.A. Oshodi of the Special Offences Court in Lagos. The charges…