Breaking: Federal High Court Grants Suspended CBN Governor, Emefiele 20m Bail

A federal high court in Lagos has granted bail to Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), in the sum of N20 million.

In a ruling on Tuesday, Nicholas Oweibo, the presiding judge, said the charges against Emefiele are bailable. The suspended CBN governor pleaded not guilty to the two-count charge bordering on alleged illegal possession of firearms levelled against him.

The presiding judge granting a bail in the sum of 20m with one surety with same sum.

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