News
Dispute stalls Federal Govt, Emefiele plea bargain talks
The suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele and other top officials of the bank held by the Department of State Service (DSS), may face trial, this is according to the Nation newspaper.
This follows the stalling of the plea bargain move between the Federal Government and the embattled apex bank boss.
The Nation newspaper reported that Emefiele and the affected officials of the apex bank have “not made substantial concessions on some refunds expected from them, while sources said trillions of Naira were being tracked by a federal agency but only a few billions of naira was offered as refundable by some of those linked to the suspicious transactions.
It was gathered that some interceding forces and Emefiele have not made progress on the plea bargain terms.
Despite Emefiele’s offer to step aside in August, the other aspects of plea bargain process were “not substantially met.”
It has also been confirmed that the four deputy governors were dropped because of their alleged complacency when Emefiele was in the saddle at the apex bank.
It was learnt that the Presidency was shocked by the “massive scale of fraud and flagrant violations of the CBN Act,”.
It was also learnt that following interventions, the government’s investigation, initially coordinated by a security agency, had recommended plea bargain option with Emefiele, who wanted it.
Apart from Emefiele offering to step aside, other terms were the withdrawal of court cases against the government and the refund of substantial cash allegedly linked to him and others.
But there were strong indications that the plea bargain option may have suffered a setback.
“The engagement of the Special Investigator has also uncovered more mismanagement of resources and questionable expenditures in CBN than what some security agencies dug up.
A source within the Presidency, said the CBN was stinking. He declined to volunteer information on the plea bargain dimension.
The source said the government might prosecute anyone indicted.
He said: “I don’t know whether plea bargain has collapsed or not. I don’t even know if that is on the table to start with. But I know the CBN Governor and the Deputies have been removed.
“The investigations across board are going on and Iam sure the govt will prosecute anyone who has compromised the country.”
Investigation confirmed that the four deputy governors were replaced because of their alleged complacency.
The Presidency source said none of the deputy governors complained when Emefiele was allegedly mismanaging the CBN.
“Most of the DGs “actively collaborated with Emefiele on policies and decisions not in line with the CBN’s mandate,” he said.
Those affected were Folashodun Adebisi Shonubi (Deputy Gov Operations and Acting Governor); Aisha Ahmad (Deputy Governor, Financial System Stability): Adamu Lamtek (Deputy Gov Corporate Services) and Kingsley Obiora (Deputy Governor, Economic Policy).
The source added: “Investigation is still ongoing. The special investigator sure uncovered a lot of rots which implicated the Deputy Governors.
“There is no way the Deputy Governors would have remained with the scale of corruption, poor corporate governance and complacency that happened under Emefiele.
“Allowing them to remain will mean the government has condoned all that went down under their watch.”
Source: The Nation Newspaper
A new documentary on the life and political struggle of the late Chief Moshood Kashimawo Olawale (MKO) Abiola is set to premiere in Nigerian cinemas in October.
Titled MKO, the 108-minute film is directed by Ose Oyamendan and produced with American documentary filmmaker Mark Jonathan Harris. It explores the annulment of the June 12, 1993, presidential election, widely regarded as free and fair, Abiola’s subsequent detention, and the controversial circumstances surrounding his death in custody in 1998.
The documentary features interviews with key figures including former military rulers Ibrahim Babangida and Abdulsalami Abubakar, former President Olusegun Obasanjo, Nobel laureate Wole Soyinka, Abiola’s running mate Baba Gana Kingibe, members of the Abiola family, journalists, and diplomats.
Oyamendan, who worked as a young journalist during the June 12 crisis, has described the film as an investigative documentary that examines Nigeria’s unfinished democratic journey. It had its world premiere earlier this year at the Sheffield DocFest in the United Kingdom.
The Nigerian cinema release is scheduled for early October, with some reports linking the premiere to Independence Day on October 1.
The Joint Admissions and Matriculation Board (JAMB) has released the 2026 Unified Tertiary Matriculation Examination (UTME) results of underage candidates for viewing.
In a statement issued on Saturday in Abuja by the Board’s Public Communication Adviser, Dr Fabian Benjamin, JAMB defined an underage candidate for the 2026 admission exercise as any candidate who will be less than 16 years old as at September 30, 2026.
Benjamin said the results were released primarily to enable candidates and their parents or guardians to know their performance in the examination. However, he stressed that the release does not confer eligibility for admission on all underage candidates.
According to him, the results cannot be used for admission or any other official purpose, except by candidates who satisfy the stringent requirements prescribed for exceptionally performing underage candidates.
Candidates can check their results by sending “RESULT” to 55019 or 66019 using the same SIM card with which they registered for the UTME.
JAMB reiterated that only underage candidates who demonstrate exceptional academic ability and maturity will be considered for admission through a rigorous, multi-stage assessment process. Key requirements include a minimum UTME score of 320, at least 80 per cent performance in relevant Senior Secondary School Certificate Examination (SSCE) subjects where applicable, satisfaction of the Post-UTME requirements of their chosen institutions, and a final assessment conducted by experts.
Veteran journalist Mr. Ohi Odiai and his wife, Mrs. Elizabeth Ohi-Odiai, today mark their 17th wedding anniversary, a milestone that highlights an enduring partnership built on mutual support, professional excellence, and family.
Mr. Odiai serves as Deputy Head of News at Arise News TV, one of Nigeria’s leading television networks. He is also the CEO and Chief Editor of Ohibaba.Com, the online news platform he founded and continues to steer as a key voice in digital journalism. His career spans years of impactful reporting, newsroom leadership, and media innovation.
Mrs. Elizabeth Ohi-Odiai is the owner and founder of Bukbeth Concepts Classic, a business reflecting her entrepreneurial drive and creative vision. Together, the couple has built a home grounded in shared values and quiet strength.
The family is blessed with three children — two boys and a girl — who form the heart of their journey.
Friends, colleagues, and well-wishers describe the Odiais as a model of resilience and partnership in both public and private life.
As they celebrate 17 years of marriage today, September 5, 2026, the couple is receiving warm congratulations from across the media and business communities. Their story stands as a reminder that lasting unions thrive on commitment, respect, and the everyday work of building a life together.
Happy anniversary to Mr. Ohi Odiai and Mrs. Elizabeth Ohi-Odiai.
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