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JUST IN: Tinubu Suspends CBN Governor Godwin Emefiele

CBN Advises Central Bankers To Ensure Tighter Regulation Of Banks

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

Gatekeepers News reports that the Director, Information, Willie Bassey, announced this on behalf of the Secretary to the Government of the Federation on Friday.

Bassey said “This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.

“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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