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BREAKING: Court grants Emefiele N20m bail
The Federal High Court in Lagos has granted Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), bail in the sum of N20 million.
In a ruling on Tuesday, Nicholas Oweibo, the presiding judge, said the charges against Emefiele are bailable.
The bail was granted with one surety.
Emefiele had pleaded not guilty to the two-count charge bordering on alleged illegal possession of firearms preferred against him.
More to follow…