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Saturday, November 23, 2024

CBN Governor suspended by President Tinubu

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The Central Bank of Nigeria governor, Mr. Godwin Emefiele has been suspended from office by President Bola Tinubu.

A statement by the Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey said on Friday “President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect.

“This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.

“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of the investigation and the reforms.”

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