EKO HOT BLOG reports that an application filed by the Department of State Services (DSS) was dismissed by the Maitama High Court in the Federal Capital Territory. The DSS sought an additional 14-day detention order for Mr Godwin Emefiele, the suspended former Governor of the Central Bank, based on new evidence they claimed to have … Read more
EKO HOT BLOG reports that the Central Bank of Nigeria (CBN) confirmed on Tuesday that plans are in place to gradually phase out the old N200, N500, and N1,000 naira notes. Acting Governor of the apex bank, Folashodun Shonubi, provided these details after a monetary policy committee meeting at the CBN headquarters in Abuja. … Read more
EKO HOT BLOG reports that at the Federal High Court in Ikoyi, Lagos, a curious drama is developing between the Department of State Services (DSS) and the Nigeria Correctional Service (NCS). The bone of contention is about the custody of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. EDITOR’S PICKS Massive … Read more
EKO HOT BLOG reports that the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been granted bail in the sum of N20 million. Justice Nicholas Oweibo of the Fderal High Court in Ikoyi, Lagos, granted the bail in a ruling on Tuesday. After hearing the plea from both the plaintiff … Read more
EKO HOT BLOG reports that the Federal High Court, Lagos, has rejected the Federal Government’s claim that it had not received a copy of the bail application filed by the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, in his alleged gun possession trial. In a short ruling on the issue, Justice Nicholas Oweibo … Read more
EKO HOT BLOG reports that the Immediate past governor of the Central Bank of Nigeria, CBN, on Tuesday, pleaded not guilty before a Federal High Court Lagos, to a charge of illegal possession of firearms brought against him by the Ministry of Justice. He was arraigned on a two-count charge bordering on unlicensed possession of … Read more
Eko Hot Blog reports that the suspended governor of Central Bank of Nigeria (CBN) Godwin Emefiele, has been taken to court by the Department of State Services (DSS). Around 9:18 on Tuesday morning, DSS agents arrived at the federal high court in Ikoyi, Lagos. Emefiele will reportedly be charged with possessing firearms when he appears … Read more
Eko Hot Blog reports that the Lagos division of the Federal High Court has fixed Tuesday, July 25, 2023, for the arraignment of suspended former Central Bank of Nigeria Governor, Mr. Godwin Emefiele. According to POLITICS NIGERIA, Emefiele is facing two counts of possession of a pump action rifle and 123 rounds of live cartridges. … Read more
EKO HOT BLOG reports that an advocacy group, United for Truth, Integrity and Justice (UTIJ), has expressed disappointment with the arrest and detention of the immediate past Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, by the State Security Service (SSS), describing the development as a witch-hunt. Recall that Emefiele was arrested … Read more
Eko Hot Blog reports that the Nigerian Bar Association, human rights activists, and civil society groups have called on the Federal Government to uphold the principles of the rule of law, fairness, and justice in the case against the suspended Governor of the Central Bank of Nigeria, Godwin Emefiele. Emefiele was arrested at his Lagos … Read more
EKO HOT BLOG reports that the State Security Services (SSS) has faced criticism from Lawyers in Defence of Democracy, a group of legal practitioners, for the arrest and detention of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. They questioned the absence of similar action against former President, Muhammadu Buhari. EDITOR’S … Read more
EKO HOT BLOG reports that the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele might face charges of illegal possession of gun and live ammunition. According to a report by Channels Television, the embattled CBN governor will face a two-count charge of possessing one single-barrel shotgun (JOJEFF MAGNUM 8371) without a licence, thus committing … Read more
Eko Hot Blog reports that the Department of Security Services (DSS) has charged Godwin Emefiele, the suspended governor of Central Bank of Nigeria (CBN) to court. DSS spokesperson, Peter Afunaya made this known in a press statement issued on Thursday. Mr Afunaya added that the decision to charge Emefiele to court was made in accordance … Read more
EKO HOT BLOG reports that an Abuja High Court sitting at Maitama, on Thursday, ordered the Department of State Services, DSS, to within seven days, release the suspended Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, from detention or charge him to court. The court, in a judgement that was delivered by … Read more
Eko Hot Blog reports that President Bola Ahmed Tinubu Thursday in Lagos said he could have chosen to maintain the hitherto multiple foreign exchange systems and benefit from it, but instead opted to unify the official and parallel market rates to save the country from financial hemorrhage. Speaking at a reception organised in his honour … Read more
Eko Hot Blog reports that The Honourable Justice Hamza Muazu of the High Court of the Federal Capital Territory, sitting in Maitama, Abuja, issued an order on Friday, June 16, 2023, directing the Director-General of the Department of State Services (DSS) and the DSS itself to immediately grant unrestricted access to lawyers and family members … Read more
Eko Hot Blog reports that the Department of State Services (DSS) has invited Mr Abdulrasheed Bawa, the suspended Chairman of the Economic and Financial Crimes Commission (EFCC). The DSS made the disclosure in a statement issued by its spoksperson, Peter Afunanya, late Wednesday night. EDITOR’S PICKS DSS Invites Suspended EFCC Chairman AbdulRasheed Bawa FG Announces … Read more
Eko Hot Blog reports that the naira is currently selling for as high as N750 – N755 per dollar at the investors and exporters (I&E) window. The situation arose on Wednesday as the Central Bank of Nigeria (CBN) gave commercial banks and dealers in the forex market the green light to sell forex freely at … Read more
It has been two weeks since President Bola Tinubu took the oath of office as the 16th commander-in-chief of the Federal Republic of Nigeria. As he promised in his inaugural speech on May 29, 2023, he has hit the ground running and seems to be taking all the right decisions as it stands. Since President … Read more
The DSS is set to interrogate other top CBN directors along side Emefiele Emefiele was arrested by the DSS on Saturday, and interrogations will begin soon. The DSS also plan to seek a court other to increase his time of detainment. EKO HOT BLOG reports that the Department of State Services (DSS) is set … Read more