Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

N6.9bn Fraud: Emefiele Allegedly Opts for Plea Bargain The expected Wednesday arraignment of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over an alleged procurement fraud to the tune of N6.9 billion, has again been stalled. The matter was not listed on the cause list of a Federal Capital Territory (FCT) High Court in Abuja on Wednesday with no reason given as lawyers to both parties were absent in court. It was gathered that the suspended apex bank chief seems to have opted for plea bargain with the government. The suspended CBN governor, who appeared before…

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