The High Court of the Federal Capital Territory has granted former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele bail.

Justice Olukayode Adeniyi ordered that Emefiele be released immediately to his lawyers, who were charged with the responsibility of producing him in court for his arraignment next week or any other day.

According to the judge, the former bank chief must also deposit his travel documents before the chief registrar of the court, pending his arraignment.

The judge also pointed out that there must be an end to detention without trial.

The substantive motion on notice and the preliminary objection was adjourned to November 17, 2023 for hearing.

The Counsel to Emefiele reacted to the ruling after the court hearing.