The federal government of Nigeria under 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.
This was made known in a release issued by Willie Bassey Director, Information on behalf of the Secretary to the Government of the Federation this evening.
The suspended CBN Governor, 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.
