The Federal High Court in Lagos has granted Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), bail 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.
Emefiele had pleaded not guilty to the two-count charge bordering on alleged illegal possession of firearms preferred against him.
But the latest information is that he has been rearrested by the DSS.
