After all the drama at the Federal high court, which lasted for about three hours, the Department of State Service (DSS) took Godwin Emefiele, the suspended governor of the Central Bank of Nigeria to its custody contrary to the Court’s ruling on Tuesday.
After hearing the plaintiff and the defendant, the Federal High Court sitting in Ikoyi on Tuesday granted bail N20 million to Emefiele and ordered him to remain in the correction centre pending when the bail conditions are fulfilled.
After the court ruling, Joseph Daudu, SAN, counsel to Emefiele, raised an alarm that the DSS was bent on re-arresting his client despite the bail granted him by the court.
Hope Moses-Ashike
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks.
She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings.
Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.
