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Ex-CBN Governor Godwin Emefiele Regains Freedom After 151 Days

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Godwin Emefiele Naira

By Adedapo Adesanya

The embattled former Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Wednesday, November 8, 2023, was released on bail after spending five months away from his home.

The judge, Justice Olukayode Adeniyi of the Federal Capital Territory High Court, ordered that Mr Emefiele be released immediately to his lawyers, who were charged with the responsibility of producing him in court for his arraignment next week or on any other day.

According to the judge, the ex-bank chief must also deposit his travel documents before the chief registrar of the court, pending his arraignment.

The judge also pointed out that there must be an end to detention, without trial.

The court must also not overlook the fact that he has been in detention for 151 days and the federal government and the Attorney General of the Federation must abide by court order.

The substantive motion on notice as well as the preliminary objection were adjourned to November 17, 2023, for hearing.

Mr Emefiele’s troubles started when President Bola Tinubu suspended him as the apex bank chief on June 9, 2023. The next day, the Department of State Services (DSS) confirmed he was in its custody.

After several legal fireworks by Mr Emefiele’s counsel challenging his prolonged detention by the DSS, the secret police bowed to pressure on July 13, 2023, and announced that the suspended apex bank chief had been charged to court.

He was brought to a Lagos court by DSS operatives in a Hilux vehicle on Tuesday, July 25, 2023.

Appearing before Justice Oweibo, he pleaded not guilty to the two counts of illegal possession of firearm and ammunition filed against him by the Federal Government.

Later in August, the DSS withdrew its charges against Mr Emefiele and was detained by the Economic and Financial Crimes Commission (EFCC), less than an hour after he regained his freedom from the cell of the secret police.

However, the EFCC had failed to produce Mr Emefiele in court at the previous sitting on Monday but the anti-graft agency bowed to the order of the court and produced him today for the hearing of his bail application.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Sanwo-Olu, Info Minister, Others for 53rd AAAN AGM/Congress in Lagos

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Sanwo-Olu media chat Thursday

By Modupe Gbadeyanka

Governor Babajide Sanwo-Olu of Lagos State will declare open the 53rd Annual General Meeting (AGM) and Congress of the Association of Advertising Agencies of Nigeria (AAAN) taking place from July 23–24, 2026, at the Providence Hotel, Ikeja GRA, Lagos.

The event is expected to bring together leaders from advertising, marketing, media, government and the wider creative economy to examine the forces reshaping the industry.

A statement from the group stated that the programme, themed AdVolution: The End of Advertising as We Know It and How to Win What Comes Next, will have the Minister of Information and National Orientation, Mr Mohammed Idris Malagi; the Director-General of the Advertising Regulatory Council of Nigeria (ARCON), Mr Lekan Fadolapo, and others in attendance.

The conference will feature keynote presentations by the CMO of Fidelity Bank, Mr Meksley Nwagboh, and the chief executive of Big Cabal Media, Tomiwa Aladekomo. They will share insights on the evolving advertising landscape and the opportunities shaping its future.

This year’s congress comes at a time when artificial intelligence, digital platforms, changing consumer behaviour and the creator economy are transforming how brands connect with audiences and deliver value.

The conference will examine some of the industry’s most pressing issues, including the shift from interruption-based advertising to participation-led engagement, the evolution of agencies into technology-driven ecosystems, the rise of the creator economy and the growing need to move beyond traditional commission models towards measurable business impact.

The president of AAAN, Mr Lanre Adisa, described this year’s theme as both timely and necessary.

“This year’s AGM comes at a defining moment for our industry. AdVolution captures the reality we are all facing: a period of big change that is reshaping how we work, create and deliver value. This gathering is an opportunity for industry players to come together, exchange ideas and shape the next chapter of advertising in Nigeria,” he stated.

Activities will commence on July 23 with a members-only Business Session featuring the President’s stewardship address, committee reports and deliberations on the Association’s progress and strategic direction.

The main conference takes place the next day and will conclude with the AAAN Gala and Awards Night, celebrating outstanding contributions to Nigeria’s advertising industry.

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Emefiele: Supreme Court Affirms Forfeiture of $2.1m, Properties, Share Certificates to FG

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Emefiele for terrorism financing

By Modupe Gbadeyanka

The share certificates, seven landed properties, and $2.1 million linked to the former Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, have been finally forfeited to the federal government.

The final forfeiture was affirmed by a unanimous judgment delivered by a five-member panel of the Supreme Court on Friday, July 17, 2026.

The panel led by Justice Ibrahim Mohammed Saulawa set aside the judgment of the Court of Appeal and affirmed the decision of the Federal High Court, Lagos, which had ordered the final forfeiture of the assets on the grounds that they were reasonably suspected to have been acquired with proceeds of unlawful activities.

Following the final forfeiture order made by the Federal High Court, Mr Emefiele challenged the decision before the Court of Appeal, which reversed the judgment of the trial court.

Dissatisfied with the appellate court’s decision, the Economic and Financial Crimes Commission (EFCC) approached the apex court, which has now restored and affirmed the judgment of the Federal High Court.

The forfeited properties include a fully detached duplex of identical structures situated at No. 17B Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped parcel of land measuring 1,919.592 square metres, covered by Survey Plan No. DS/LS/340, situated at Oyinkan Abayomi Drive (formerly Queens Drive), Ikoyi, Lagos; and a bungalow situated at No. 65A Oyinkan Abayomi Drive (formerly Queens Drive), Ikoyi, Lagos;

Others are a four-bedroom duplex situated at 12A Probyn Road, Ikoyi, Lagos; an industrial complex under construction on 22 plots of land in Agbor, Delta State; eight units of undetached apartments on a plot measuring 2,457.60 square metres, situated at No. 8A Adekunle Lawal Road, Ikoyi, Lagos; and a full duplex together with all its appurtenances on a plot measuring 2,217.87 square metres, situated at 2A Bank Road, Ikoyi, Lagos.

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Umahi: Ebonyi Police Reject Bid to Halt Autopsy in Physiotherapist’s Death

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mary habila physiotherapist

By Adedapo Adesanya

The Ebonyi State Police Command has insisted on conducting a post-mortem examination to determine the cause of death of Miss Mary Habila, a physiotherapist who died at the residence of the Minister of Works, Mr David Umahi, in Uburu, Ohaozara Local Government Area of Ebonyi State.

The demise of the deceased, which occurred in late June, recently became public and has sparked calls for a probe from many quarters.

Meanwhile, the family of the deceased has approached the court to stop the autopsy, but experts tell Business Post that the family has no authority to file an affidavit, as this is a case of suspected murder against the state and not the family.

Mr Umahi has also called for a probe.

The Ebonyi Police Command said the autopsy was necessary to establish the cause of death and support its ongoing investigation, despite objections from the deceased’s family.

The Police Public Relations Officer (PPRO), SP Joshua Ukandu, disclosed this in a statement issued on Wednesday, stating that the police had commenced a comprehensive investigation into the circumstances surrounding Ms Habila’s death.

Mr Ukandu said preliminary investigations revealed that the deceased and a colleague were members of the medical team attached to the Minister of Works and had accompanied him to his hometown in Uburu, where she later died in a room within the compound of his residence.

According to him, detectives from the State Criminal Investigation Department (SCID) have visited the scene, documented relevant evidence and obtained statements from persons connected to the incident.

He added that the command had concluded arrangements to engage a qualified pathologist to carry out a post-mortem examination, which it considers crucial to determining the actual cause of death.

Mr Ukandu explained that the police became involved in the matter after receiving a distress call on June 27, 2026, from the Divisional Police Officer (DPO), Ohaozara Division, informing the command of a medical emergency involving Habila and requesting his presence at the David Umahi Federal Teaching Hospital, Uburu.

“On arrival, the DPO was informed by hospital authorities that Miss Mary Habila had been brought in dead.

He immediately briefed the Commissioner of Police, who directed that the matter be transferred to the State Criminal Investigation Department (SCID) for thorough investigation,” the statement read.

The police spokesperson disclosed that while the family of the deceased had opposed the conduct of an autopsy, the command considered the procedure necessary in view of the circumstances surrounding the death.

“The Command therefore awaits the attendance of the family or their duly appointed representative, as their presence is essential to the conduct of the post-mortem examination,” Mr Ukandu said, assuring the public that the investigation would be conducted professionally, transparently and without bias, stressing that every necessary step would be taken to uncover the circumstances surrounding Habila’s death.

Mr Ukandu further assured that the command would continue to provide updates as the investigation progresses.

Family Seeks to Stop Autopsy

The family of the deceased, who is a staff member of the David Umahi Federal University of Medical Sciences and was seconded to the Federal Ministry of Works, formally requested the withdrawal of further investigation into her death and declined an autopsy.

In an affidavit titled Affidavit of Withdrawal of Case filed before the High Court of Justice of Ebonyi State, her father, Tanko Habila Wisdom, said the family was not alleging any foul play in her death and wished to proceed with her burial.

According to the affidavit, Mary Habila died on June 27, 2026, in Uburu, Ohaozara Local Government Area of Ebonyi State.

The deponent stated that before her death, Habila was a staff member of the David Umahi Federal University of Medical Sciences and had been seconded to the Federal Ministry of Works in Mabushi, Abuja, where she served in the Office of the Minister of Works for about three years.

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