JUST IN: CBN Lifts Forex Restrictions On Importation Of Rice, Cement, Others

EKO HOT BLOG reports that the Central Bank of Nigeria on Thursday lifted the foreign exchange restriction placed by the former governor of the bank, Mr Godwin Emefiele on the importation of 43 items. The apex bank lifted the restriction in a statement issues by the Director, Corporate Communications Department, Isa AbdulMumin. Editors Pick  Reps … Read more

Federal Government Denies Plea Bargain Deal With Emefiele

Eko Hot Blog reports that the Ministry of justice says the federal government of Nigeria and Godwin Emefiele, erstwhile governor of the Central Bank of Nigeria (CBN), did not sign a non-prosecution plea bargain agreement. EDITOR’S PICKS Police Investigate Alleged Poisoning Of Tinubu’s Minister Reactions As Lady Pushed Out Of Vehicle Dies In Abuja BREAKING: … Read more

AGF Fagbemi Speaks On Alleged Plea Bargain Agreement With Emefiele

Eko Hot Blog reports that the Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi (SAN) has described the media report that his office signed a non prosecution plea bargain with the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele as false It would be recalled that Emefile and … Read more

JUST IN: Olayemi Cardoso Resumes As Acting CBN Governor

Eko Hot Blog reports that the acting Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso on Friday formally resumed duties at the headquarters of the apex bank in Abuja This follows the resignation of Mr. Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, Embattled former CBN Governor … Read more

Revealed: How Emefiele Reportedly Tendered Resignation Letter To Tinubu In August

Count Charge Against Emefiele

EKO HOT BLOG reports that the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele reportedly resigned from office in August. According to Reuters, Emefiele who was suspended by President in June, tendered his resignation letter to President Bola Tinubu. EDITOR’S PICKS Group Demands Investigation Into Alleged Corrupt Verdicts By Election Petition Tribunals … Read more

Acting CBN Governor, Shonubi To Be Questioned Over Role In Emefiele’s Tenure

Eko Hot Blog reports that Folashodun Adebisi Shonubi, the acting Governor of the Central Bank of Nigeria (CBN) will be quizzed by the Department of State Services (DSS) over his role when he was the Deputy Governor, Operations Directorate of the apex bank. Shonubi was appointed as the acting governor of the CBN by President … Read more

DSS Arrests CBN Finance Director, Benjamin Fakunle During Retirement Party

Eko Hot Blog reports that the Department of State Services (DSS) has reportedly arrested and detained the outgoing Finance Director of the Central Bank of Nigeria (CBN), Benjamin Fakunle. It was gathered that Fakunle was picked up on Wednesday at his retirement party in Abuja and has since been in DSS detention since then. According … Read more

REVEALED: Why Emefiele Opted For Plea Bargain, To Resign As CBN Gov

Emefiele

EKO HOT BLOG reports that more details have been revealed on what necessitated the decision of the embattled suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to opt for a plea bargain in the alleged N6.69 billion fraud case instituted against him. Recall that this online media platform had earlier reported that … Read more

Plea Bargain: Emefiele, Co-Accused Opt For Settlement With FG – Report

Emefiele

EKO HOT BLOG reports that the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has reportedly opted for a plea bargain leading to an indefinite shift in his arraignment in court. Sources privy to the development said Emefiele and his his-co accused, Saadat Yaro, have opted for a plea bargain policy to settle with … Read more

Emefiele’s Ally Loses Suit Against DSS

Emefiele ally

EKO HOT BLOG reports that a staff of the Central Bank of Nigeria (CBN), Sa’adatu Yaro, has lost a fundamental human rights suit filed against the Department of State Services (DSS). This online media platform gathered that a Federal Capital Territory High Court on Friday dismissed the case filed against the secret police. EDITOR’S PICKS … Read more

DSS Arrests NIRSAL Boss Abbas Masanawa For ‘Conspiring’ With Emefiele To Loot Printing And Minting Corporation

Eko Hot Blog reports that the Department of State Security Service has arrested Abbas Umar Masanawa, the chief executive officer of Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, NIRSAL, for his alleged role in the ongoing corruption probe of ousted CBN chief Godwin Emefiele. Informed DSS insiders said Mr Masanawa was taken into custody … Read more

FG To Arraign Emefiele, Allies On Thursday Over N6.9 Billion Procurement Fraud

Eko Hot Blog reports that the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele and his associates are set to be arraigned by the Federal Government for N6.9 billion procurement fraud. Emefiele will be arraigned on Thursday at the Federal Capital Territory High Court, Maitama, Abuja. The case is for arraignment and mention. Emefiele … Read more

JUST IN: Federal Government Files 20 Fresh Charges Against Emefiele

Eko Hot Blog reports that the federal government has filed 20 fresh charges against the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. The charges were filed at the Federal Capital Territory (FCT) High Court on Tuesday. According to report, one of the counts accuses Emefiele of “conferring unlawful advantages”. Details later… Click To … Read more

BREAKING: FG Withdraws Charges Against Emefiele

Eko Hot Blog reports that the Federal Government of Nigeria has made an oral application before Justice Nicholas Oweibo to withdraw the charge against suspended Central Bank o­f Nigeria (CBN) Governor, Godwin Emefiele. According to report, the government’s decision is informed by emerging facts and circumstances of the case which requires closer investigation. Details Later……. … Read more

CBN Spent N3.2 Trillion On Fraudulent ‘Operating Expenses’ Under Emefiele, Financial Statement Shows

Eko Hot Blog reports that the Central Bank of Nigeria (CBN) spent N3.2 trillion on dubious “other operating expenses” during former President Muhammadu Buhari’s eight-year regime, a financial statement released by the apex bank showed. The financial statement published this week and the first of its kind since 2015, said CBN filed over N3.2 trillion … Read more

Emefiele Set To Return To Court Today, As FG Appeals Order Granting Him Bail

Emefiele

EKO HOT BLOG reports that the battle for lawful custody of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele will resume today at the Federal High Court in Lagos. Two fresh applications by both the banker and the Federal Government will come up for consideration. EDITOR’S PICKS BREAKING: Tinubu Appoints Special … Read more