BREAKING: Court Grants Emefiele N20m Bail

Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), has been granted bail in sum of N20 million, by a federal high court sitting in Lagos State.

In a ruling on Tuesday, Nicholas Oweibo, the presiding judge, said the charges against Emefiele are bailable.

The bail was granted with one surety.

Earlier, Emefiele pleaded not guilty to the two-count charge bordering on alleged illegal possession of firearms preferred against him.

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