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