Just In: President Tinubu suspends CBN governor, Emefiele

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

According to Channels TV, the Director of Information, Office of the Secretary to the Government of the Federation, Willie Bassey revealed this in a statement on Friday, June 9, 2023.

This follows an 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,” Bassey said.

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