EMEFIELE: FINANCE MINISTRY UNAWARE OF N124.86BN CBN WITHDRAWAL, WITNESS TELLS COURT. (PHOTO). #PRESS RELEASE

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 Emefiele:  Finance Ministry Unaware of N124.86bn CBN Withdrawal,   Witness Tells Court   A Director in the Federal Ministry of Finance, Ali Mohammed, on Tuesday, October 6, 2026, told the Federal Capital Territory, FCT High Court sitting in Maitama, Abuja, that the Ministry was not aware of the withdrawal of N124.86 billion from the Central Bank of Nigeria, CBN.   Mohammed, who testified as the prosecution witness 10, PW10, in the ongoing trial of the former CBN Governor, Godwin Emefiele, disclosed this while being led in evidence by the prosecution counsel, Abbas Mohammed.   The witness said he appeared before the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.   Explaining his position and responsibilities in the Ministry, Mohammed said, “My Lord, the Department of Home Finance is made up of three functions based in three divisions, that is State and Public...
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FENERBAHCE SACK JOSE MOURINHO AFTER CHAMPIONS LEAGUE FAILURE. (PHOTO).

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Fenerbahce Sack Jose Mourinho After Champions League Failure


Fenerbahce have announced the dismissal of manager Jose Mourinho, just one day after the Turkish club failed to qualify for the Champions League league phase, suffering a defeat to Benfica. The decision marks the end of Mourinho’s brief eight-month tenure with the club, during which he managed only two matches in the current season.


The 62-year-old Portuguese manager, known for his illustrious career, led Fenerbahce to a second-place finish in the Turkish Super Lig last season. However, his time in Istanbul was marked by disappointment, with no silverware to show for his efforts. The club was eliminated in the Turkish Cup quarter-finals and suffered a defeat to Rangers in the Europa League round of 16.


Fenerbahce’s management has not yet named a successor, leaving fans and analysts speculating about the club’s next steps as they aim to rebound from this setback.

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