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.
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