News
Abuja Court Grants Emefiele N300m Bail, Other Demands
Emefiele is standing trial for alleged procurement fraud….
A Federal Capital Territory High Court in Abuja on Wednesday granted a former Governor of the Central Bank, Godwin Emefiele, bail.
VerseNews reports that Emefiele was granted bail in the sum of N300m and two sureties in like sum.
Ruling on his bail application on Wednesday, Justice Hamza Muazu said the sureties must have Certificates of Occupancy and titles of property within the Maitama District.
He also ordered Emefiele to deposit all his travel documents with the registrar of the court and to remain within the Abuja Municipal Area Council.
Muazu held that the former CBN governor be kept in Kuje Correctional Centre till he meets the bail conditions.
Emefiele is standing trial for alleged procurement fraud.
The Federal Government had initially preferred 20 charges of procurement fraud to the tune of N6.5 billion against the former CBN governor.
But the FG reduced the charges to six to the tune of N1.2bn, which he was arraigned on last Friday.
Muazu, at the last proceeding, remanded Emefiele in Kuje prison pending his ruling on the former CBN governor’s bail application.
He adjourned the matter till November 28 for the commencement of trial.
Tinubu’s Govt Approves N10bn to Power Aso Rock With Solar, Nigerians Left in Darkness
The Tinubu-led government has approved ₦10bn to power Aso Rock with solar, cutting it off from the national grid.
Pope Francis Is Dead, Cause Of Death Emerges
Pope Francis died on Monday, April 21, 2025, at the age of 88 due to...
$847M Scam? Nigerians Lose ₦1.3 Trillion as CBEX Promised 100% ROI
CBEX has crashed after moving over $847M (₦1.3T) into a private ETH wallet, leaving users’ balances at 0.00.
My Husband Makes Love From Midnight Till Dawn’ — Kaduna Woman Seeks divorce
A 37-year-old woman, Linda Stephen, has asked a Kaduna Customary Court to dissolve her six-year marriage,
Peller Faces Possible Ban as Nigerians Mass-Report His 9.6M TikTok Account
Popular TikToker Peller faces mass reports on his 9.6M-followers TikTok account after criticizing Nigerians for ranting about the government online.
BREAKING: NYSC Begins Payment of N77,000 Monthly Allowance To Corps Members
The Federal Government has begun paying the N77,000 monthly NYSC allowance after a six-month delay, with some corps members confirming...
How Apostle Femi Lazarus Is Selling Gift of Spirit God Gave Him for Free – Timi Dakolo
Timi Dakolo criticized Apostle Femi Lazarus for condemning gospel artistes who charge for ministrations while running a paid ministry school.
Presidency Warns Peter Obi Over ‘Collapsed Democracy’ Comment
Presidency dismissed Peter Obi’s claim that Nigeria’s democracy has collapsed, calling it exaggerated and baseless.
Trump announces 25% tariff on countries buying Venezuelan oil
Trump announced a 25% tariff on countries purchasing Venezuelan oil, citing Venezuela's alleged hostility and criminal infiltration.
Anambra, Enugu Police Join Forces to Crush Border Crimes
The Anambra and Enugu State Police Commands have joined forces to combat cross-border crimes by sharing intelligence and resources.