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Naira Redesign Trial: Court Fixes 10 Dates to Conclude EFCC Case Against Emefiele

Justice Maryanne Anenih of the Federal Capital Territory High Court has fixed 10 additional trial dates to conclude the corruption case instituted by the Economic and Financial Crimes Commission (EFCC) against the former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, over the naira redesign exercise. The dates were agreed upon following […]

‘Redesign That Redefined Suffering’: EFCC Witness Blames Emefiele for Cash Crunch

An Economic and Financial Crimes Commission (EFCC) investigator, Mrs. Chinelo Eneanya, on Thursday told an Abuja High Court that the naira redesign policy introduced by former Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, inflicted severe economic hardship on Nigerians. Eneanya, the seventh prosecution witness (PW7), testified in Emefiele’s trial over the redesign of […]

Naira Redesign and Insecurity Force Farmers into Bankruptcy – FG

The Federal Government has acknowledged that the naira redesign policy, implemented by the Central Bank of Nigeria (CBN) from December 15, 2022, to February of the current year, led to numerous farmers facing bankruptcy across the country. The initiative to redesign the naira was spearheaded by the former governor of the apex bank, Godwin Emefiele. […]

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