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Emefiele Now In DSS Custody For Investigation

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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.”

International

APC Declares Canadian IAD Reports False

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Felix Morka, the National Publicity Secretary
All Progressives Congress (APC) on Friday urged the Party faithful, supporters and all Nigerians to disregard the report labelling the party as a terrorist organisation by the Canadian Immigration Appeal Division [IAD), saying its false and misleading.

Morka, in a statement on Friday, stated categorically that the Canadian court did not declare APC as a terrorist organisation, contrary to highly erroneous media reports in circulation.

He clarified:

“As reported, the declaration was allegedly made in the case of Douglas Egharevba and the Minister of Public Safety and Emergency Preparedness, in which the Applicant (Douglas Egharevba) sought judicial review of a decision by ] which determined that the Applicant was inadmissible in Canada under its Immigration and Refugee Protection Act (IRPA).

In a decision in the matter dated June 17, 2025, Judge Phuong T.V. Ngo dismissed the application for judicial review on the ground that the Applicant was a member of the Peoples Democratic Party (PDP) and that the PDP was an organization engaged in acts of subversion under paragraph 34(1)(b.1) of the IRPA making him inadmissible in Canada.

In his analysis, the Judge stated, “As such, applying the reasonableness standard of review, I cannot find the IAD’s conclusion that the Elections in question constituted a democratic process or institution and that the PDP, its members and supporters engaged in subversive acts committed against the electoral process for the improper purpose of maintaining political power to be unreasonable.”

To be clear, the only reference to APC in the entire 16-paged decision was in the introductory “Background”, Paragraph 4, where the court referenced a “Background Declaration Form in which the Applicant stated that “he was a member of the People’s Democratic Party [PDP] of Nigeria from December 1999 until December 2007, and a member of All Progressives Congress [APC] party of Nigeria from December 2007 until May 2017.”

For the record, APC was not in existence as of 2007.

The Party was registered in 2013. The Applicant’s claim of membership of APC as of 2007 is evidently false, as he could not have been a member of APC, which didn’t exist then.

For the avoidance of doubt, we dare to state that the court never made any determination on the question of terrorism in its decision. In the Judge’s own words:

“Having found that the IAD’s analysis on subversion was reasonable, this is sufficient to dismiss the application for review. I will therefore refrain from analysing the IAD’s findings on terrorism.”

Clearly, reports that the APC was declared a terrorist organisation by the Canadian court in this matter are patently erroneous, if not mischievous.

The court did not make such a declaration, and could not have done so, as that would be an unjustifiable overreach and a major breach of fair hearing, among other due process rights, given that APC was not a party to the proceedings.

Such a decision would also have been of absolute irrelevance as being made without jurisdiction, and of no extraterritorial applicability or significance. “

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Okonjo-Iweala Says Nigerian Economy now stable under Tinubu

“The reforms have been in the right direction. The next step is growth, and alongside that, building social safety nets so those feeling the pinch of reforms can get support.”

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THE Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, declared that President Bola Tinubu and his team have worked hard to stabilize the economy.

“You cannot really improve an economy unless it’s stable,” said Okonjo-Iweala during a meeting today with President Tinubu at the Presidential Villa, Abuja.

“The reforms have been in the right direction. The next step is growth, and alongside that, building social safety nets so those feeling the pinch of reforms can get support,” she said.

She added that growth, job creation, and income expansion must go hand-in-hand with measures to cushion the impact of ongoing reforms on vulnerable Nigerians.

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Crime

Tragedy in Imo: Son Fatally Stabs Father Over Land Sale Dispute

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A tragic incident has rocked the community of Amaifeke in Orlu Local Government Area of Imo State, where a 39-year-old man, Ifeanyi Odinka, allegedly stabbed his 75-year-old father, Dennis Odinka, to death following a dispute over proceeds from a land sale.

Confirming the incident, the Imo State Police Command said Ifeanyi was arrested by operatives from the Orlu Division on August 12, 2025. According to police spokesperson ASP Henry Okoye, the suspect confessed to the crime during interrogation.

“He was immediately transferred to the State Criminal Investigation Department in Owerri for further investigation and prosecution,” Okoye stated.

The gruesome killing has left residents in shock, with community members describing the incident as deeply disturbing and calling for justice to take its course.

The police have assured the public that the suspect will face the full weight of the law. They also reiterated their commitment to maintaining law and order across the state, urging residents to report any suspicious activity to the authorities.

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