Breaking: Tinubu Sacks Emefiele As CBN Governor

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

This was contained in a statement signed by the Director, Information, For Secretary to the Government of the Federation, Willie Bassey.

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According to the statement, “The suspension is sequel to the ongoing investigation of his office  and the planned  reform in the financial sector of the economy.

“Mr Emefile has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the CBN governor pending the conclusion of investigation and reform”.

Folasodun Abiodun Shonubi is the Deputy Governor, Operations Directorate, at the Central Bank. He would be assuming the role of the acting Central Bank Governor.

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