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Lagos court grants Emefiele N50 million bail

A High Court sitting in Ikeja, Lagos State, has granted bail to Godwin Emefiele, the embattled former governor of the Central Bank of Nigeria (CBN), in the sum of N50 million.

Ruling on the bail application on Friday, the presiding judge, Rahmon Oshodi, admitted Emefiele on bail with two sureties in like sum.

The former CBN governor is facing trial in Lagos on a 26-count charge bordering on abuse of office.

More to follow…

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