Breaking News! CBN Governor Suspended With Immediate Effect!

President Bola Ahmed Tinubu has suspended the Central Bank of Nigeria, CBN, Governor, Mr Godwin Emefiele from office with immediate effect.

Godwin Emefiele

Information Office of the Secretary to the Government of the Federation, Willie Bassey Director, on Friday night, in a statement said it is in line with the ongoing investigation of his office and the planned reforms in the financial sector of the economy.

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.

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