Court remands Emefiele in EFCC custody

The embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has been remanded in the custody of the Economic and Financial Crimes Commission (EFCC).

Mr Emefiele was arraigned at the Lagos State High Court, Ikeja, on Monday, before Justice Rahman Oshodi, for alleged abuse of office and irregular allocation of $4.5 billion and N2.8 billion respectively.

His co-defendant, Henry Omoile, was remanded in Ikoyi Correctional Centre.