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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…