The Federal High Court in Lagos, on Tuesday, ordered the final forfeiture of the sum of $1,426,175.14 linked to the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele. Justice Ayokunle Faji ordered the final forfeiture of the funds to the Federal Government. The final forfeiture order followed an application by the Economic and…
The former director of currency operations of the CBN Ahmed Umar has told the FCT high court sitting in Maitama that the former governor of the central bank Godwin Emefiele printed his design of the Naira. In his evidence in chief, he highlighted the features in the design approved by former president Muhammadu Buhari which…
The approval of former President Muhammadu Buhari for the re-design of Nigeria’s currency, the Naira, was on Tuesday tendered and admitted as exhibit before the High Court of the Federal Capital Territory (FCT) in Abuja. The approval dated October 6, 2022 from the State House and personally signed by the former President was conveyed to…
