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Court Grants Bail To Ex-CBN Governor Godwin Emefiele Facing Fraud Charges

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Former governor of Nigeria's Central Bank Godwin Emefiele (R) appears at a court in Abuja, Nigeria

Former Governor of the Central Bank of Nigeria Godwin Emefiele, right, appears in a court in Abuja, August 17, 2023 

Godwin Emefiele, who was arrested by security services in June, has pleaded not guilty to the charges.

A Nigerian court has freed former central bank Governor Godwin Emefiele, who has been charged with six counts of fraud and corruption, on bail.

Emefiele, suspended as head of the central bank in June and arrested by the security services, has pleaded not guilty to the charges.

He was granted bail by Justice Hamza Muazu on Wednesday subject to the provision of a 300 million naira (roughly $333,000) bond and two sureties with properties in the upscale Maitama district of the country’s capital Abuja.

“I hereby admit the applicant [Emefiele] to bail subject to his appearance in court,” Justice Muazu said in his ruling.

The judge asked Emefiele, 62, to deposit his travel documents with the court and remain in Abuja while the case against him proceeds.

The disgraced former bank chief, who made an unprecedented run for the Nigerian presidency last year, was one of the country’s most powerful people in the last decade. He was head of the bank for nine years, mostly under President Bola Tinubu’s predecessor, Muhammadu Buhari.

Emefiele oversaw a much-criticised system of multiple exchange rates used to keep the local naira currency artificially strong.

But then he fell out of favour with the government after Buhari’s exit and resigned in August, paving the way for Tinubu’s appointment of new central bank governor Olayemi Cardoso.

At his inauguration in May, Tinubu, who announced economic reforms, had said the central bank policy needed “thorough house-cleaning”.

Emefiele has since been accused of “conferring corrupt advantage”. Prosecutors cut the charges from a previous 20-count indictment, which he faced along with two others, so he could be tried separately and quickly.

He has not commented publicly on the case.

SOURCE: AL JAZEERA AND NEWS AGENCIES

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Obeena Delivers Show-Stopping Performance at Igbotic Game Night in East London

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East Ham, East London — 8 August 2026: The vibrant Igbo community in the UK came together for an unforgettable evening of entertainment, culture and social connection at Igbotic Game Night, one of the biggest social gatherings celebrating the Igbo community in the United Kingdom.

Among the night’s standout moments was an electrifying performance by Afrobeats artist Obeena, who took the stage and immediately captured the attention of the crowd.

Obeena delivered performances of two of his hit songs, “Wara Wara” and “Banging,” bringing his energetic sound and distinctive stage presence to the event. From the opening moments of his set, fans responded with excitement, singing along, dancing and enthusiastically supporting the artist.

His performance of “Wara Wara” created an instant connection with the audience, while “Banging” took the energy to another level. Obeena’s ability to engage the crowd transformed his set into one of the most memorable entertainment moments of the evening.

Held in East Ham, East London, on 8 August 2026, Igbotic Game Night provided a unique platform for members of the Igbo community to celebrate their heritage while enjoying music, games and social interaction. Events such as this continue to play an important role in bringing together Nigerians and the wider African diaspora in the UK.

For Obeena, the performance was another opportunity to showcase his growing artistry and connect directly with fans. His energetic delivery, stage confidence and ability to command the audience demonstrated why his live performances continue to attract attention.

By the end of his set, Obeena had left the crowd amazed and added another memorable chapter to his journey as an Afrobeats artist. His appearance at Igbotic Game Night was not simply a performance—it was a celebration of Nigerian music, culture and community.

 

With performances like this, Obeena continues to demonstrate his ambition to take his sound beyond the studio and onto major stages, connecting with audiences through music, energy and an unmistakable African identity.

Igbotic Game Night brought the Igbo community together. Obeena gave them a performance to remember.

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Afrocentric Music Festival Invites 1,000 Music Artists!

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Are you a rising African artist ready to take your career to the next level? Showcase your talent on a massive stage at the AFROCENTRIC Music Festival in Abuja, running from November 7–18, 2026! Presented by NICOCUSA’s AFROCENTRIC Cultural Expo, this premier platform is inviting 1,000 up-and-coming artists to perform live before tens of thousands of music lovers, industry insiders, and energetic fans. Don’t miss this life-changing opportunity to launch your music career on a global stage—slots are limited, so visit afrocentricculturalexpo.com to register today, and follow us on social media for live updates!

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KenryWhite Releases “Kilometers” & “The King” A Powerful Double Release Celebrating Faith, Purpose, and the Journey to Greatness

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Nigerian Afrofusion artist KenryWhite unveils his compelling two-track release, “Kilometers & The King,” a project that explores the realities of life’s journey while affirming identity, faith, and purpose.

Leading the release is “Kilometers,” an uplifting anthem that reflects on the distance between dreams and fulfillment. Through heartfelt lyrics, captivating melodies, and vibrant Afrobeats production, KenryWhite encourages listeners to embrace the process, remain resilient, and keep moving forward despite life’s challenges.

Complementing the project is “The King,” featuring Wonder J. The record is a bold declaration of confidence, royalty, and divine purpose, blending infectious Afrobeats rhythms with inspiring lyricism. Together, the duo delivers a record that celebrates self-belief, leadership, and the mindset required to overcome every obstacle.

With rich storytelling, memorable melodies, and contemporary African sounds, “Kilometers & The King” showcases KenryWhite’s artistic growth while delivering music that inspires, motivates, and connects with audiences across the globe.

Now available on all major streaming platforms, “Kilometers & The King” invites listeners to embrace the journey, recognize their worth, and walk confidently into their purpose.

 

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