Author: Opalim Lifted

The Department of State Services (DSS) says Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), is not in its custody. Following Emefiele’s suspension on Friday, there were reports that he was arrested by operatives of the secret police. In a terse statement posted on Twitter on Saturday morning, the DSS said the suspended CBN governor is not in detention. “Currently, Emefiele is not with the DSS,” the tweet read. Chronicle NG reports that Emefiele was suspended by President Bola Tinubu on Friday. In a statement by the Secretary to the Government of the Federation, George Akume,…

Agbor Professionals Business Group has condemned the suspension of the Central Bank Governor, Mr. Godwin Emefiele, saying that this will not help stabilize our financial sector. In a statement signed by its coordinator, Mr.Tony Ugbejie, the group noted that this is becoming a pattern as the last CBN governor (Sanusi Lamido) did not finish his tenure. “This can make foreign investors not have so much faith in our economy. “We believe this is a case of witch hunting, so we call on the government to do their investigation without resulting in unnecessary highhandedness. “We call on our people to remain…

Following the suspension of Godwin Emefiele as governor of the Central Bank of Nigeria (CBN), President Bola Tinubu has named Mr. Folashodun Adebisi Shonubi as interim governor. The SGF’s office requested that the suspended CBN Governor, Mr. Emefiele, hand over to him immediately. In June 2018, President Muhammadu Buhari confirmed the nomination of Mr. Folashodun Adebisi Shonubi as Deputy Governor of the Central Bank of Nigeria (CBN), and he commenced his duties on October 17th under the Operations Directorate. His recent voting on Monetary Policy Rate (MPR) meetings Mr. Shonubi has often taken a hawkish monetary policy stand, pushing for…

Former Governor of Rivers State, Nyesom Wike, has lauded President Bola Tinubu’s suspension of Godwin Emefiele as the Governor of the Central Bank of Nigeria (CBN). Tinubu suspended Emefiele late Friday and directed him to immediately hand over the bank’s Deputy Governor (Operations Directorate), Folashodun Shonubi. Chronicle NG had reported about the suspension and DSS arrest of Godwin Emefiele. While reacting to the development, Wike, who was one of the critics of Emefiele’s policies, especially the Naira redesign, described the president’s decision as bold and timely. The former Rivers State Governor also commanded President Tinubu to approve uniformity in the…

The suspended Governor of Central Bank of Nigeria, Godwin Emefiele, has been arrested by DSS. Details to come…

Naby Keita will join SV Werder Bremen upon the expiration of his contract with Liverpool. The Guinean, who joined the Reds from RB Leipzig in the summer of 2018, is leaving Anfield after five seasons, 129 appearances, and 11 goals. Keita lifted the Premier League, Champions League, FIFA Club World Cup, Emirates FA Cup, Carabao Cup, and FA Community Shield during his time at the club and received an emotional send-off from teammates and fans last month. The next chapter of his career will see him return to Germany and the Bundesliga after signing a contract with Werder Bremen on…

Julian Assange, the founder of Wikileaks, has failed his latest bid to prevent extradition from the United Kingdom to the United States, where he is wanted on criminal charges, though he will retry his appeal next week. Assange, 51, is wanted by US authorities on 18 crimes related to Wikileaks’ revelation of massive amounts of classified US military documents and diplomatic cables. According to a court order issued on Friday, Britain has granted the go-ahead for his extradition, and a judge at London’s High Court determined this week that Assange had no legal grounds to oppose the decision. However, his…

The West African Examination Council (WAEC) has detained 20 school administrators for allegedly assisting and abetting examination misconduct in its ongoing West African Senior School Certificate Examination (WASSCE) for school applicants. According to the Council, the arrests were made around the country. Mr. Patrick Areghan, the Head, National Office (HNO) of Council, said this on the sidelines of a monitoring exercise he conducted in various Lagos schools on Thursday. According to him, the WAEC has subsequently turned over all of the perpetrators to the police for prosecution. Areghan vowed that the council would do everything possible to ensure that their…

The Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Command, has secured the conviction of Favour Arasomwan and Oyebamiji Obamijesu Stephen before Justice Darius Khobo of the Kaduna State High Court on separate one-count charges bordering on cybercrime. The defendants were among the 26 suspects arrested in a sting operation in Abuja for alleged involvement in internet-related fraud schemes. An investigation revealed that they used various social media apps to defraud unsuspecting victims of their hard-earned money. Court jails three fraudsters for 12-years in Sokoto When the charges were read to them, they pleaded guilty, prompting the prosecuting counsel, M.E.…

Sokoto State High Court Justice Muhammad Sifawa convicted and sentenced three fraudsters, Joseph Moses, Raji Tijjani, and Albert Chris Bulus, to twelve years in jail. They were imprisoned after pleading guilty to separate one-count charges of impersonation and obtaining by deception. Court jail man 3-years for investment scam in Maiduguri The three defendants pleaded guilty to each of their charges. In view of their guilty pleas, prosecution counsel S.H. Shehu prayed to the court to convict and sentence them accordingly. Justice Sifawa thereafter convicted and sentenced all three defendants to four years imprisonment each. The convicts’ journey to the Correctional…