Godwin Emefiele, former Governor of Nigeria's Central Bank, faced 20 charges in court on Friday, Jan. 19, 2024 in Abuja, Nigeria. (Source: Screenshot - TVC News Nigeria)

Nigeria’s former central bank boss charged with fraud

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On Friday, Nigeria’s former central bank Governor Godwin Emefiele was charged with fraud after he was accused of acquiring $6.2 million in bank funds under false pretences, among the 20 charges against him.

Emefiele pleaded not guilty.

So far, the ex-Central Bank governor is the most prominent official to confront corruption charges under President Bola Tinubu’s administration, which commenced last year after a contentious  and widely disputed election that has stoked tensions in Africa’s most populous country.

Emefiele’s trial is expected to start in February.

More on the fraud charges and allegations.

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