Tinubu Suspends CBN Governor, Godwin Emefiele

Tinubu Suspends CBN Governor, Godwin Emefiele 

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

This was disclosed in a statement by the Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey.

The statement said, “President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect .

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

Folashodun Adebisi Shonubi, Deputy Governor, Operations Directorate, Takes Over As Acting CBN Governor

“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.”