Tag: EMEFIELE

FG raises alarm on recovered Emefiele-linked 753-unit estate

Aminu Imam
FG raises alarm

The Federal Ministry of Housing and Urban Development has issued a strong warning to the public, clarifying that it has not begun the sale of the recently recovered 753-unit housing estate linked to former Central Bank of Nigeria (CBN) governor, Godwin Emefiele. This alert comes in response to reports that fraudsters are targeting unsuspecting Nigerians with fake offers, demanding up to ₦500,000 for fraudulent “Expression of Interest” forms. The scammers falsely claim to have connections within the ministry and promise buyers preferential access to housing slots. In a public statement,…

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Emefiele: FG to sell 753 houses to low, middle-income Nigerians

Aminu Imam
Emefiele’s 753 houses

The Federal Government has concluded plans to sell a sprawling estate linked to a former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to low and middle-income Nigerians. Recall that the massive property, comprising 753 housing units, was recovered by the Economic and Financial Crimes Commission, (EFCC) in December 2024. Following a court order, the EFCC handed the estate to the Ministry of Housing, which will assess the buildings and sell them via its portal with flexible payment options.  Court documents filed by the EFCC linked the property…

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‘Emefiele, cronies acquired 753-duplex estate in Abuja with forex kickbacks’ – EFCC

Aminu Imam
EFCC on Emefiele

The Economic and Financial Crimes Commission (EFCC) has linked former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to a 753-duplex estate in Abuja allegedly acquired through forex kickbacks and other fraudulent activities. Court documents revealed that Emefiele and his associates used N2.2 billion, funneled through three companies, to purchase the property spanning 150,500 square meters in Lokogoma District. The EFCC claims the companies were used to launder proceeds of corruption, with payments split into N900m, N700m, and N600m. Justice Jude Onwuegbuzie, of the FCT High Court, recently ordered the…

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EmefieleInvestigation: 20 banks, other companies face EFCC probe over forex deals

Aminu Imam

…Inquiry to cover 9-yr period The probe instituted by the Economic and Financial Crimes Commission (EFCC) into the use of foreign exchange by some companies and financial institutions under the former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele is to be spread to at least 20 banks, sources close to the commission have said. VoL was reliably informed, at the weekend, that the probe, which has seen operatives storm corporate offices of Dangote Group and some others would be extended to at least 20 commercial banks, while…

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Emefiele: DSS uncovers planned campaign of calumny against Federal Government

Aminu Imam

Maryam Zakari The Department of State Services, (DSS),has identified persons and groups planning to stage campaigns of calumny against it and the Government over the suspension and investigation of the recently suspended Governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele. According to an issued statement by the DSS Public Relations Officer, Peter Afunanya, yesterday, said the groups intend to gather at different points in Abuja and Lagos with placards depicting the Service and the federal Government in bad light as well as calling for the immediate release of…

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CBN to fine Commercial banks not paying out new Naira notes 1 million naira per money box daily

Abdul-Azeez Ahmed Kadir
Nigerian New Naira Notes

Central Bank of Nigeria (CBN), on Friday, said that any commercial bank that failed to pay the new naira notes to customers would be fined N1 million per money box on daily basis. CBN Governor, Godwin Emefiele, made this known at a sensitisation organised for market women operating at Ayegbaju International Market, Osogbo, on the new naira notes, eNaira and other related matters. Emefiele, represented by a CBN Deputy Director, Adeleke Adelokun, said that the apex bank had printed enough naira notes, but observed that commercial banks were not collecting…

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2023: We will not deploy to insecurity prone areas – INEC Awaits Supreme Court judgment on CBN Gov. to take a stand

Abdul-Azeez Ahmed Kadir

Muhammed Haruna, a veteran journalist is a National Commissioner of the Independent National Electoral Commission (INEC) representing the North Central. In this interview with Voice of Liberty Abdull-Azeez ahmed Kadir, Haruna speaks about the Continues Voters Registration (CVR), insecurity and 2023 polls, monitoring of campaign funds by political parties, the stand of the commission with regards to CBN Governors decision to go to court to decide his fate on 2023 presidency. Voice of Liberty: Lets start with the issues of Continues Voters registration. How far has the Commission gone? Haruna:…

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