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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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...

GERMANY WARNS CITIZENS TO LEAVE IRAN OVER POTENTIAL SANCTIONS AND RETALIATION. (PHOTO).


 Germany warns citizens to leave Iran over potential sanctions retaliation

Germany has advised its citizens to leave Iran and avoid traveling there amid concerns that Tehran may retaliate for Germany’s role in reimposing U.N. sanctions over Iran’s nuclear program.

Britain, France, and Germany initiated a 30-day process on Thursday to restore U.N. sanctions, a move expected to heighten tensions just two months after airstrikes by Israel and the United States on Iranian targets. Germany’s foreign ministry said that, given repeated threats from Iranian officials, German nationals and interests in Iran could face countermeasures. The ministry also noted that the German Embassy in Tehran currently can provide only limited consular support.

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