BREAKING: Lagos court grants Emefiele N50m bail

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The embattled former Central Bank Governor, Godwin Emefiele, has been granted bail in the sum of N50m after being charged with a 26-count bordering on alleged abuse of office and irregular allocation of $4.5 billion and N2.8 billion respectively.

Emefiele was admitted to bail with two sureties in like sum by Justice Rahmon Oshodi on Friday.

Details later…