News
Emefiele Now In DSS Custody For Investigation
The Department of State Services (DSS) has confirmed the arrest of suspended CBN Governor, Godwin Emefiele saying that he will be facing investigation.
The Public Relations Officer (PRO), Peter Afunanya, on Saturday confirmed the development saying:
“The Department of State Services (DSS) hereby confirms that Mr Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN) is now in its custody for some investigative reasons,” it said.
“The public, particularly the Media, is enjoined to apply utmost caution in the reportage and narratives concerning this.”
The revelation comes hours after the DSS refuted reports that Emefiele was in its custody.
Amid reports of the arrest widely shared online, Afunanya said in a terse statement on Saturday morning, “Currently, Emefiele is not with the DSS.”
Acting CBN Governor Appointed
The Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey in a statement on Friday, announced Emefiele’s suspension.
“President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This is a sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy,” the statement said.
“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate) [Folashodun Adebisi Shonubi], who will act as the Central Bank Governor pending the conclusion of the investigation and the reforms.”
• King Wasiu Ayinde Marshall
News
Alleged N2.2bn fraud: Ngige gets bail, trials continue on January 28
The EFCC alleges that Ngige used his ministerial position between 2015 and 2023 to award contracts unfairly, divert funds, and enrich himself and associates.
Former Minister of Labour and Employment, Chris Ngige, has been granted bail by the High Court of the Federal Capital Territory in Gwarimpa.
He faces eight counts of charges bordering on abuse of office, contract fraud, and acceptance of kickbacks from contractors linked to the Nigeria Social Insurance Trust Fund.
In Thursday’s ruling, Justice Maryam Hassan adopted the terms of the administrative bail earlier granted by the EFCC.
The court ordered Ngige to produce a surety who must be a serving Federal Government director.
The surety is required to deposit travel documents with the court registrar, as Ngige claims his passport was lost.
The surety must also present landed property with a valid certificate of occupancy within the Federal Capital Territory.
The EFCC alleges that Ngige used his ministerial position between 2015 and 2023 to award contracts unfairly, divert funds, and enrich himself and associates.
The trial is scheduled to commence on January 28, 2026.
News
BREAKING: Senate Confirms Former INEC Chairman Mahmood Yakubu, Reno Omokri, Femi Fani-Kayode, and Others as Ambassadors
#The Nigerian Senate has confirmed a list of high-profile non-career ambassadorial nominees submitted by President Bola Tinubu, including former Independent National Electoral Commission (INEC) Chairman Prof. Mahmood Yakubu, social media influencer and former presidential aide Reno Omokri, and ex-Minister of Aviation Chief Femi Fani-Kayode (FFK).
The confirmations followed screenings by the Senate Committee on Foreign Affairs, which cleared the nominees amid some procedural debates but ultimately recommended their approval.
Other prominent figures confirmed include former Minister of Interior Abdulrahman Dambazau, ex-governors Ifeanyi Ugwuanyi (Enugu) and Okezie Ikpeazu (Abia), and several former senators and political allies.
The approvals form part of a broader diplomatic restructuring by the Tinubu administration, with the nominees expected to be deployed to key missions abroad to strengthen Nigeria’s international relations.
Sources indicate that the list, which includes a mix of career and non-career diplomats totaling around 68, addresses long-standing vacancies in Nigeria’s foreign missions.
The nominations had sparked public debate earlier, with critics questioning the inclusion of politically controversial figures, while supporters highlighted their experience in public service and loyalty to national interests.
The confirmed ambassadors-designate will receive their specific postings after formal letters of credence from the president.
This development marks a significant step in revitalizing Nigeria’s diplomatic presence globally.
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