/ Oct 08, 2026
/ Oct 08, 2026

BREAKING: Court grants Emefiele N50m bail

Published on

By

Justice Rahman Oshodi of an Ikeja Special Offences Court on Friday granted embattled former Central Bank of Nigeria (CBN) Governor Godwin Emefiele N50m bail.

Emefiele is facing a 26-count charge bordering on alleged abuse of office and fraud to the tune of $4.5 billion and N2.8 billion.

Justice Oshodi, in his ruling, admitted Emefiele to N50 million bail with two sureties in like sum.

Read Also:

EFCC slams Emefiele fresh 26-count abuse of office charge

Oshodi ordered the sureties must be gainfully employed and must have made three years tax payment with the Lagos State Government.

He also said that the sureties must show proper identification and that they must be registered in the Lagos State Bail Management System.

The judge said he was satisfied with the bail conditions of N1 million, earlier given to Emefiele’s co-defendant, Henry Isioma-Omoil, who is facing another charge before Justice Olufunke Sule-Hamzat of Yaba High Court.

Oshodi, however, said the bail documents must be transferred to special offences court and registered in the Lagos State Bail Management System.

You May Like

3 thoughts on “BREAKING: Court grants Emefiele N50m bail”

  1. Хотите знать, кому можно доверять в мире онлайн-казино? Наш справочник проводит независимую экспертизу: проверяем лицензии, процесс выплат и качество игр. Рейтинги объективны — мы не торгуем позициями. Принципы оценки открыты для всех. Подойдёт как новичкам, так и опытным игрокам. Следим за изменениями и регулярно обновляем информацию. Узнать о рейтингах казино

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Must Read

NAF helicopter makes precautionary landing on farmland in Benue after military operation.

NAF helicopter lands on Benue farmland after anti-kidnap mission

The Nigerian Air Force (NAF) has confirmed that one of its helicopters made a precautionary landing in Benue State after providing close air support to ground troops during an operation against suspected kidnappers.   The helicopter landed on farmland in the Utur Tse-Igboji community of Makurdi, according to eyewitnesses. NAF Director of Public Relations and Information, Ehimen Ejodame, said the operation targeted suspected kidnappers in Ogbadigbo Local Government Area, near the Enugu-Benue boundary. According to Ejodame, the operation disrupted the activities of the criminal elements and supported the advance of ground troops. He said the pilot later exercised his professional discretion to make a precautionary landing about 10 nautical miles from the airfield while returning to base. “This is in accordance with established operational and safety procedures following combat missions,” Ejodame said. The NAF said the helicopter has since returned to base. The incident comes two days after a NAF aircraft crashed in Igbokoda, Ilaje Local Government Area of Ondo State. The ATR-42 aircraft, with tail number NGR 931, was carrying 25 passengers and seven crew members when it plunged into a swamp opposite a naval base in the early hours of Monday. The NAF said no survivors had been found following the crash, which prompted President Bola Tinubu to declare three days of national mourning for the personnel who died.
Read more

Editor's Pick

Trending News

Newsletter

Enter your email address and receive notifications of news by email.

You have been successfully Subscribed! Ops! Something went wrong, please try again.

© 2026 GongNews. All Rights Reserved.