How Emefiele implemented naira redesign policy bypassing required approvals

How Emefiele implemented naira redesign policy bypassing required approvals

A prosecution witness, Edward Adamu, on Wednesday, testified at the Federal Capital Territory (FCT) High Court in Abuja that former Central Bank of Nigeria (CBN) Governor Godwin Emefiele bypassed required approvals from the Nigerian president and the CBN Board for the redesign of naira notes in late 2022. Mr Adamu, a former deputy governor at … Read more

Court refuses to suspend trial for EFCC to hunt fresh evidence

Court refuses to suspend trial for EFCC to hunt fresh evidence

The Economic and Financial Crimes Commission (EFCC) on Friday failed in its efforts to convince an Abuja court to put the Malabu case trial on hold to buy time to scout for fresh evidence against key defendants in the almost four years long proceedings. The commission, through one of its lawyers, Sylvanus Tahir, a Senior … Read more