President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor.
This was contained in a statement by Director of Information, Office of the Secretary to the Government of the Federation, Willie Bassey, “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.”