✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters

Court grants Emefiele N300m bail

An FCT High Court on Wednesday admitted the suspended Central Bank of Nigeria (CBN) Godwin Emefiele to bail in the sum of N300 million. Justice…

An FCT High Court on Wednesday admitted the suspended Central Bank of Nigeria (CBN) Godwin Emefiele to bail in the sum of N300 million.

Justice Hamza Muazu also ordered Emefiele to produce two sureties in like sum.

Muazu ordered that the sureties must have certificates of occupancy and titles of properties within the Maitama District.

Emefiele is mandated to deposit all his travel documents with the registrar of the court and must remain within the Abuja Municipal Council.

He is expected to remain in Kuje Correctional Centre pending when he meets the bail conditions.

This comes four months after the Federal High Court sitting in Lagos admitted Emefiele to bail in the sum of N20 million. (NAN)

Nigerians are now earning dollars with premium domains, these domains can be acquired for $1500-$2000 profit margin can be as much as $15,000 to $20,000. Click here to learn how to earn dollars.
Click here to learn more.