Business
Just in: DSS arrests suspended CBN Governor, Godwin Emefiele
The battle for freedom has begun for the suspended Governor of the Central Bank of Nigeria, Godwin Emefiele.
He was arrested by DSS on Friday.
The arrest was reported shortly after President Bola Tinubu suspended Emefiele.
According to the president, Emefiele was suspended due to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.
READ ALSO: Just in: Tinubu suspends CBN Governor, Godwin Emefiele
Prior to Emefiele’s suspension, the DSS, on December 7, 2022, in an ex parte application with reference no: FHC/ABJ/CS/2255/2022, sought an order to arrest the CBN Governor.
The security agency accused Emefiele of financing terrorism, fraudulent activities and economic crimes of national security dimension.
The Chief Judge of the Federal High Court, Justice J.T Tsoho, however, refused to grant the application of the DSS.
The court said such an application should have been accompanied with the presidential approval because of the grave implications for the Nigerian economy if the CBN governor is arrested and detained.
-
Energy1 week agoNigeria wastes enough gas to Ggenerate 62,400GWh of electricity amid deepening energy crisis — NOSDRA
-
Football7 days agoUEFA threatens FIFA World Cup boycott over proposed private investment plan
-
Business5 days agoInformation Minister, VON DG to lead ARCON’s 2026 Advertising Industry Colloquium
-
Business6 days agoCooking gas dealers slash prices amid intensifying market competition
-
Education3 days agoUniversity of Ibadan releases 2026/2027 post-UTME screening results
-
Latest1 week agoADC petitions Judge after Appeal Court overturns deregistration ruling
-
Aviation5 days agoCanada issues 10 key tips to help immigration applicants avoid processing delays
-
Business3 days agoBreaking: NNPCL reduces pump price of petrol as competition intensifies