LAGOS AUGUST 15TH (NEWSRANGERS)-Nigerian prosecutors filed a 20-count indictment against suspended and detained central bank governor Godwin Emefiele on Tuesday, one of them accusing him of “conferring unlawful advantages”, a government lawyer said. President Bola Tinubu, who is embarking on the boldest reforms in Africa’s biggest economy in more than a decade, has launched a…
LAGOS AUGUST 12TH (NEWSRANGERS)-Nigeria’s central bank has reported a $7.5 billion loan from U.S. banks JP Morgan and Goldman Sachs in financial statements published for the first time since 2015, sending the country’s international bonds tumbling on Friday. Nigeria’s government has had to seek overdrafts from the central bank to plug a widening deficit amid…
LAGOS JULY 16TH (NEWSRANGERS)-The Department of State Services (DSS) on Tuesday re-arrested the suspended Central Bank of Nigeria (CBN) governor, Godwin Emefiele, following a fight with officials of the Nigerian Correctional Service (NCS). Emefiele was re-arrested within the premises of the Federal High Court in Lagos despite the bail granted him by Justice Nicholas Oweibo…
LAGOS JULY 13TH (NEWSRANGERS)-A federal capital territory high court has ordered the Department of State Services (DSS) to charge Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), to court if they have criminal allegations against him. Hamza Muazu, presiding judge, said the former CBN governor should be released on bail if he…