Close Menu
The Editor NGR
  • Homepage
  • News
  • Politics
  • Entertainment
  • Business & Economy
  • Opinion
  • About Us
  • Privacy Policy

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Why I supported and voted President Bola Tinubu in 2023 – Bimbo Akintola

December 8, 2025

Global E-commerce Giant Temu Partners with Lagos-Based Startup Dellyman to Power Deliveries Across Nigeria

December 2, 2025

ANAMBRA ECONOMIC SECTOR BUDGETARY ANALYSIS: A LEAP FOR INDUSTRIAL GROWTH –  Christian Aburime

December 2, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Editor NGR
  • Homepage
  • News
  • Politics
  • Entertainment
  • Business & Economy
  • Opinion
  • About Us
  • Privacy Policy
The Editor NGR
You are at:Home»News»Five Firms Linked To Embattled Ex-CBN Boss, Emefiele
News

Five Firms Linked To Embattled Ex-CBN Boss, Emefiele

theeditorBy theeditorApril 10, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has been linked to no fewer than five firms.

The Editor Nigeria understands that Emefiele was linked to the five firms in the 26-count charge of alleged fraud and corruption filed against him by the Economic and Financial Crimes Commission (EFCC).

 

 

Four of the five firms, located in Lagos, are NIPCO Plc, Source Computer Ltd, Limelight Multidimensional Services Ltd, and COMEC Support Services Ltd.

While the fifth company is Adswin Resources Solution Ltd.

Recall that the EFCC arraigned Emefiele on Monday before the Special Offences Court in Ikeja, Lagos, where he pleaded not guilty to all the charges.

The former CBN boss has a pending prosecution at the High Court of the Federal Capital Territory in Abuja over his alleged corrupt activities as the apex bank governor, which terminated in June last year.

The fresh charges against him in Lagos include abuse of office and irregular allocation of cumulative $4.5 billion and £2.8 billion while he was in office as CBN governor.

The anti-graft agency also accused him of corruptly receiving funds, conferring advantages on associates, and allocating forex without a bid.

According to the EFCC, Emefiele corruptly received funds from NIPCO Plc and conferred corrupt advantage on his associates, including Limelight Multidimensional Services Ltd, Adswin Resources Solution Ltd, and COMEC Support Services Ltd.

The prosecution disclosed that details of the 18 fresh count charges against the former CBN Governor include “Allocating forex of $2,136,391,737.33 without bid; allocating forex of $291,945,785.59 without bid; Abuse of office by special allocating of forex of $1,769,254,793.16; Abuse of office by special allocating of forex of $370,872,893.01; Corruptly received $26,552,000 from NIPCO Plc; Corruptly received $740,000 from NIPCO Plc.”

Emefiele allegedly “corruptly received $400,000 from Source Computer Ltd as a kickback for contract award.”

Others include that he “Corruptly received $200,000 from Source Computer Ltd as kickback for contract award; Confer corrupt advantage on his associate, Limelight Multidimensional Services Ltd to the tune of N900,216,324.21; Confer corrupt advantage on his associate, Limelight Multidimensional Services Ltd to the tune of N1,060,030,249.42; Confer corrupt advantage on his associate, Comec Support Services Ltd to the tune of N149,001,009.7″

Also, the fresh charges filed include that Emefiele “Confer corrupt advantage on his associate, Comec Support Services Ltd to the tune of N151,168,458.73; Confer corrupt advantage on his associate, Adswin Resources Solution Ltd to the tune of N398,031,732.32; Confer corrupt advantage on his associate, Adswin Resources Solution Ltd to the tune of N204,992,739.51.”

When the 26-count charge was read to Emefiele and his co-defendant Henry Omoile, both pleaded not guilty to all counts.

However, the trial judge, Justice Rahman Oshodi, ordered that Emefiele be remanded in the EFCC’s custody till the next adjourned date, Thursday, April 11, when the court will give its ruling on his bail application.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleBreaking: Popular Nollywood Actor, Junior Pope Is Dead
Next Article BREAKING: No feud on Olubadan stool, says Makinde
theeditor
  • Website

Related Posts

ANAMBRA ECONOMIC SECTOR BUDGETARY ANALYSIS: A LEAP FOR INDUSTRIAL GROWTH –  Christian Aburime

December 2, 2025

Building a Digitally Ready Nigeria: CREDICORP Launches New Device Credit Program

December 2, 2025

High Chief Abiodun Olalekan Ilo Praises LOYAMP For Championing Ogun West’s Interests

November 25, 2025

Comments are closed.

Demo
Latest Posts

Why I supported and voted President Bola Tinubu in 2023 – Bimbo Akintola

December 8, 2025

Global E-commerce Giant Temu Partners with Lagos-Based Startup Dellyman to Power Deliveries Across Nigeria

December 2, 2025

ANAMBRA ECONOMIC SECTOR BUDGETARY ANALYSIS: A LEAP FOR INDUSTRIAL GROWTH –  Christian Aburime

December 2, 2025

Building a Digitally Ready Nigeria: CREDICORP Launches New Device Credit Program

December 2, 2025
Don't Miss

Why I supported and voted President Bola Tinubu in 2023 – Bimbo Akintola

By theeditorDecember 8, 2025

Nollywood actress Bimbo Akintola has opened up on why she publicly supported and voted for…

North Carolina’s Lieutenant Governor Had Some MLK Day Thoughts on Race

January 25, 2020

Walmart raises starting hourly wage to $12 in 500 stores, as part of a test

January 25, 2020
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Demo
About Us
About Us

About Us
At Theeditor NGR, we believe that journalism should inform, inspire, and empower. Founded with the vision of delivering accurate, timely, and engaging stories, we are committed to keeping our readers at the heart of every headline.
- Our Mission: To provide clear, fact-based reporting that cuts through the noise and helps our audience understand the world around them.
- Our Coverage: From breaking news and in-depth investigations to culture, technology, and lifestyle, we bring diverse perspectives to the stories that matter most.
- Our Values: Integrity, transparency, and community. We hold ourselves accountable to the highest standards of journalism while embracing innovation in digital storytelling.
- Our Promise: Whether local or global, we deliver news that is relevant, reliable, and accessible — because an informed society is a stronger society.

We're accepting new partnerships right now.

Email Us: info@theeditorngr.com
Contact: +2348132055844

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Why I supported and voted President Bola Tinubu in 2023 – Bimbo Akintola

December 8, 2025

Global E-commerce Giant Temu Partners with Lagos-Based Startup Dellyman to Power Deliveries Across Nigeria

December 2, 2025

ANAMBRA ECONOMIC SECTOR BUDGETARY ANALYSIS: A LEAP FOR INDUSTRIAL GROWTH –  Christian Aburime

December 2, 2025
Most Popular

Why I supported and voted President Bola Tinubu in 2023 – Bimbo Akintola

December 8, 2025

North Carolina’s Lieutenant Governor Had Some MLK Day Thoughts on Race

January 25, 2020

Walmart raises starting hourly wage to $12 in 500 stores, as part of a test

January 25, 2020
© 2025 TheeditorNGR
  • Homepage
  • News
  • Politics
  • Entertainment
  • Business & Economy
  • Opinion
  • About Us
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.

Powered by
...
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Powered by