HomeCover StoriesTinubu suspends Emefiele as CBN Governor

Tinubu suspends Emefiele as CBN Governor

Date:

Related stories

How we plan to return Niger, Mali, B/Faso to ECOWAS – Barau Jibrin

The Acting Speaker of the ECOWAS Parliament and Deputy...

Kano Emirate Councils Amendment Bill scales 1st reading

The Kano State Emirate Councils Amendment Bill on Tuesday...

Again, CBN raises lending rate to 26.25%

The Monetary Policy Committee (MPC) of the Central Bank...

TCN promises power restoration to North East Governors

The Transmission Company of Nigeria (TCN) has reassured  the...

Reps warn cement manufacturers against shunning invitation

The House of Representatives has warned the Cement Manufacturers...

President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor.

In a statement signed by Mr Willie Bassey, the Director, Information for Secretary to the Government of the Federation, Tinubu says his suspension is sequel to the ongoing investigation of his office and planned reforms in the financial sector of the economy.

READ ALSO: CBN confirms Abdulmumin as Substantive Director, Corporate Communications

The statement reads;

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 investigation and the reforms.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here

X whatsapp