A federal high court in Lagos has granted bail to Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), in the sum of N20 million.
In a ruling on Tuesday, Nicholas Oweibo, the presiding judge, said the charges against Emefiele are bailable.
The bail was granted with one surety.
Earlier, Emefiele pleaded not guilty to the two-count charge bordering on alleged illegal possession of firearms preferred against him.
Federal Judge grants suspended Governor of the CBN, Godwin Emefiele N20m bail with surety in like sum, transfers him from DSS custody to Ikoyi correctional center pending perfection of bail in alleged unlicensed firearm suit
