The former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been remanded in custody of Economic and Financial Crimes Commission (EFCC).

 Justice Rahman Oshodi of the Ikeja Special Offences Court on Monday ruled that Emefiele be remabded in EFCC custody until Thursday when the court will rule on his bail application filed by his counsel.

He pleaded not guilty to 23 count charge brought against him by the EFCC.

The second defendant Henry Osioma also pleaded not guilty to three count charge against him.