NIGERIA — The federal high court sitting in Lagos has granted the federal government an order of interim forfeiture of properties valued at N11,140,000,000 linked to Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN). Chukwujekwu Aneke, the presiding judge, made the order on Wednesday, following a motion filed and argued by Rotimi Oyedepo, the counsel to the Economic and Financial Crimes Commission (EFCC). The senior lawyer informed the court that Emefiele was suspected of purchasing prime properties through proxies... thecable.ng
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Fri Jun 13 2025 08:56:05 GMT+0000 (Coordinated Universal Time)
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Court has granted FG order of interim forfeiture of Godwin Emefiele's properties valued at N11,140,000,000
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Published (Updated) on Wednesday, June 5, 2024
• Naira Exchange Rate - Conversion of United States Dollar (USD) and British Pound Sterling (GBP) to Nigerian Naira (NGN) at CBN Rates - Nigeria Currency Converter Calculator
• Central Bank of Nigeria has further raised its interest rate to 27.25 percent from 26.75 percent
• CBN begins the enforcement of cybercrime levy at 0.005 percent on all electronic transactions
• CBN directs all PoS providers to route transactions through an approved payment terminal
• CBN has given next-of-kins the authority to access funds in dormant accounts of their loved ones
• Central Bank of Nigeria has increased the benchmark lending rate to 26.75 per cent
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