Tag Archives: Godwin Emefiele

The High court in Nigeria’s capital, Abuja has ordered the release of former central bank governor Godwin Emefiele, who has been in detention since June, on bail. “There must be an end to detention without trial,” said Judge Olukayode Adeniyi, sitting in the High Court in Abuja. Mr Emefiele has …

Nigeria’s suspended central bank governor Godwin Emefiele has challenged in court his detention by the country’s secret police, the Department of State Services (DSS). The 61-year-old, who was taken into custody on 10 June – a day after his suspension by newly inaugurated President Bola Tinubu, has not been formally …

Nigerian lawmakers have summoned the country’s central bank governor over the implementation of a recently introduced policy that restricts cash withdrawals. The policy seeks to promote cashless transactions in Africa’s biggest economy after it launched new banknotes. Last week the bank limited weekly over-the-counter cash withdrawals at 100,000 naira ($225) …