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BREAKING: EFCC Detains, Interrogates Emefiele Barely An Hour After DSS Frees Former CBN Governor

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Former Governor of the Central Bank of Nigeria, Godwin Emefiele, is currently being detained in the custody of the Economic and Financial Crimes Commission.

According to The Punch, Emefiele, who is currently being interrogated at the National Headquarters of the anti-graft agency in Jabi, Abuja, was picked up by EFCC operatives Thursday night, less than an hour after he regained his freedom from the dungeon of the Department of State Services.

An impeccable source revealed the development on Friday morning, noting that the EFCC is probing Emefiele over alleged impropriety during his term as the head of the apex bank.

“Yes, Emefiele is currently in our (EFCC) custody; he was arrested last night less than an hour after the DSS freed him. He’s currently being interrogated at the Headquarters, as he’s being investigated for alleged misappropriation of funds amongst other things during his term as CBN governor,” the source noted.

It was further gathered that fresh charges may be filed against Mr Emefiele by the EFCC.

Recall that Emefiele had been in the custody of the Department of State Services since June after President Bola Tinubu suspended him from office.

He was thereafter asked to transfer his responsibilities to Folashodun Adebisi Shonubi, then deputy governor, operations directorate at the apex bank.

A day after, the DSS announced that Emefiele was in its custody for ‘some investigative reasons’.

On July 25, he was arraigned on a two-count charge bordering on “illegal possession” of firearms at a federal high court in Lagos and was granted bail in the sum of N20 million.

The two-count charge was later struck out on August 17 after the Federal Government withdrew the same.

However, a fresh 20-count charge was instituted against him over an alleged conspiracy to carry out procurement fraud, among others.

The arraignment has been stalled twice, and Emefiele was reported to have proposed a plea bargain agreement with the Federal Government.

The proposed agreement required Emefiele to resign as CBN governor and ‘disgorge’ some assets.

However, on September 22, the CBN officially confirmed Emefiele’s resignation after Olayemi Cardoso was appointed as substantive governor of the apex bank.

 

Credit: The Punch

BIG STORY

JUST IN: Five Feared Dead As Bandits Attack National Park In Oyo

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Suspected bandits on Tuesday night attacked personnel of the National Park Service (NPS) in Oloka village, Orire Local Government Area (LGA), Oyo State.

Report says the attack occurred around 9:00 pm on January 6, 2026, catching the NPS personnel by surprise. Several officers were reportedly killed or injured during the incident.

Further details, including the exact number of casualties, are yet to be confirmed.

The state Police Public Relations Officer, Olayinka Ayanlade, was said to have confirmed the incident.

He said, “Yes, there was an attack by yet to be identified men against the men of the National Park. The Commissioner of Police and other service chiefs are currently on their way to the location.

“Meanwhile, the CP Femi Haruna has deployed tactical teams, Mobile Police Force officers of the NPF, and EOD to the affected area to prevent further breakdown of law and order,” he explained.

 

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BREAKING: Peter Obi’s Ex-Running Mate, Datti Baba-Ahmed Declares Presidential Ambition

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The Labour Party’s Vice Presidential candidate in the 2023 election, Senator Datti Baba-Ahmed, on Wednesday formally declared his interest in contesting the presidency in 2027, amid ongoing realignments within Nigeria’s opposition space.

Baba-Ahmed, who was the running mate to former Labour Party presidential candidate Peter Obi, made the declaration at a rally held at the party’s national secretariat in Abuja.

His announcement comes barely one week after Obi announced his departure from the Labour Party for the African Democratic Congress.
This move has triggered intense debate over the party’s future and the direction of the wider opposition ahead of the next general election.

Addressing party members and supporters, Baba-Ahmed said his aspiration was neither reactionary nor dependent on Obi’s political decisions, stressing that his presidential ambition predates the 2023 election.

He said, “I have made myself to contest for the office in 2027. I’m not following anybody’s trajectory or stepping into anybody’s shoes.

“Can I please remind you that before His Excellency Governor Peter Obi filed for the presidency, I aspired for the presidency before him? The records are there for you to see.”

The former lawmaker recalled his earlier attempt to secure his party’s presidential ticket, noting that he had contested in the Peoples Democratic Party primaries years before aligning with Obi in the Labour Party.

“In October 2018, I participated in the primaries of the then PDP in Port Harcourt and walked to Obi for his vote, and he smiled at me. What a gentleman he was.

“If you heard me well in what I just submitted, I saw a rare opportunity for national unity to have elected Peter Obi in 2023. And that is why I decided to flow with it,” he said.

Baba-Ahmed also addressed concerns about religion and ethnicity, insisting that Nigeria’s constitution guarantees every qualified citizen the right to seek elective office.

“Yes, I am a practising Muslim. But I’m a Nigerian, and the constitution allows me to contest. You asked about my ethnicity. Yes, I am a Hausa man, and the Nigerian constitution also allows me to contest. I’m doing this because Nigeria needs help,” he said.

However, Baba-Ahmed noted that while he had made his intention known, he would adhere strictly to party and electoral guidelines.

“However, as a law-abiding citizen and a loyal party member, until the timetable is released by INEC and the leadership of the Labour Party calls for interested aspirants, I will not say anything about it. But remember I told you that Nigerians know the truth,” he stated.

Reacting, the National Chairman of the Labour Party, Julius Abure, commended Baba-Ahmed for remaining in the party despite speculations that he might defect following Obi’s exit.

Abure said the development demonstrated that the Labour Party remained intact, adding that several key figures, including the Abia State Governor, Alex Otti, had also chosen to stay back.

He said, “Only recently, the Abia State Governor, Alex Otti, told the world that he joined the party before Peter Obi did – this is true. Otti also said he was not going to defect to Peter Obi.

“On the night Peter Obi defected, I received a telephone call from our Vice-Presidential candidate in the 2023 elections, Dr Datti Baba-Ahmed. He said he is not leaving the party because it was the platform upon which he, along with the former candidate, received 10 million votes from Nigerians, which was reduced to 6 million votes. We all know what happened.”

Abure further disclosed that Baba-Ahmed personally suggested a meeting of party leaders and members to reaffirm unity within the party.

“In fact, he asked me to organise an event where members can come together. He first suggested that we meet at the Transcorp Hilton Hotel with a few senior members that he would foot the bill.

“But I suggested that we hold the event here at the party Secretariat and invite our members, artisans and ordinary people who truly own the party, and he agreed. That is why we are having this gathering here today.

“The Labour Party is intact, we will not let Nigerians down. We will remain together and provide a genuine alternative for Nigerians,” he said.

Baba-Ahmed’s declaration has added a fresh dimension to the emerging 2027 presidential contest, as parties begin early positioning amid shifting alliances within the opposition.

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Venezuela To Hand Over Up To 50m Barrels Of Oil To US —— Trump

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Venezuela will be “turning over” 30 to 50 million barrels of sanctioned oil to the United States, President Donald Trump said on Tuesday in the aftermath of the toppling of Nicolas Maduro, who was seized from his country by U.S. forces over the weekend.

“This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!” Trump said in a social media post.

Trump announced in a post on his social media platform, saying he has directed Energy Secretary Chris Wright to implement the plan immediately.

According to the president, the oil will be transported by storage ships directly to U.S. unloading docks, where it will be sold at prevailing market rates.

“This oil will be sold at its market price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States,” Trump wrote.

The announcement follows a dramatic shift in Venezuela’s political landscape after U.S. forces captured former Venezuelan President Nicolás Maduro earlier this week, significantly reshaping Washington’s engagement with Caracas.

In addition to the oil transfer plan, Trump’s administration is organizing an Oval Office meeting with executives from major U.S. oil companies, including ExxonMobil, Chevron, and ConocoPhillips, to discuss Venezuela’s energy sector and potential future cooperation.

Venezuela holds some of the world’s largest crude oil reserves, but years of underinvestment, sanctions, and declining production have limited output. Analysts say the logistics of ramping up Venezuelan oil exports remain complex, even as U.S. policy shifts open the door to expanded involvement by American energy firms.

The move has triggered mixed reactions globally, as markets and governments assess the implications for energy supplies, geopolitical relations, and long-term stability in the Western Hemisphere.

 

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