In a significant development, the immediate past Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, was granted bail by a Federal High Court in Lagos on Tuesday.

In a recent development, the court has granted Emefiele bail in the amount of N20 million, along with a requirement for a surety of equal value.

In a recent development, the Department of State Service (DSS) has brought forth a two-count charge against an individual for the alleged illegal possession of a firearm.

In a recent development, the legal representative of Mr. Emefiele, Joseph Daudu, has made a compelling argument in favor of his client’s bail. This comes after Mr. Emefiele pleaded not guilty to the two-count charge leveled against him. Daudu firmly maintains that the offense in question is indeed bailable.

In a recent development, the Department of State Services (DSS) apprehended Emefiele approximately one month ago following his suspension by President Bola Tinubu.

Read: The DSS disregards the court order and returns Emefiele to detention

The defendant arrived at the courthouse this morning at approximately 9:23 a.m. in a sleek white Toyota Hilux pick-up van. Notably, the license plate was concealed, adding an air of mystery to the proceedings.

In a dramatic entrance at the court premises, Mr. Godwin Emefiele, the Governor of the Central Bank of Nigeria, gracefully disembarked from the vehicle and was courteously aided by a female companion as he made his way towards Justice Nicolas Oweibo’s courtroom.

Stay tuned for more updates…