A federal court in the Nigerian capital, Abuja, rejected an attempt to arrest central bank governor Godwin Emefiele on terrorism charges, Nigerian media reported on December 20.

A judge threw out an application from the internal security ministry in a ruling dated December 9.

Controversy surrounds recent Central Bank of Nigeria (CBN) decisions on cash. A Nigerian political scientist tells Central Banking that ruling-party figures may have sought to arrest Emefiele to halt the replacement of