Sunday, April 19, 2026
Home Business BREAKING: PRESIDENT TINUBU SUSPENDS EMEFIELE FROM OFFICE AS CENTRAL BANK GOVERNOR

BREAKING: PRESIDENT TINUBU SUSPENDS EMEFIELE FROM OFFICE AS CENTRAL BANK GOVERNOR

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.

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

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.

RELATED ARTICLES

DANGOTE SPOTLIGHTS REFINERY, VISION 2030, OTHERS, AT NASARAWA TRADE FAIR

  Africaโ€™s leading conglomerate will feature its flagship Dangote Refinery and Petrochemical Company at the 2026 Nasarawa Trade Fair, which will be officially declared open...

RESOLUTION OF FAILED BANKS: NDIC COMMENCES PROCESS TO CONCLUDE THE LIQUIDATION OF 89 MFBS & PMB

  The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation activities of 89 closed Microfinance Banks (MFBs) and Primary Mortgage...

NAICOM AND UNDP STRENGTHEN PARTNERSHIP TO SCALE INSURANCE INNOVATION

The National Insurance Commission is deepening its collaboration with the United Nations Development Programme to drive innovation, expand insurance access, and strengthen climate risk...

Most Popular

ALL 13 KIDNAPPED OTUKPO PASSENGERS RESCUED

Felicity Ndere, Markudi All thirteen passengers abducted along the Makurdiโ€“Otukpo road in Otukpo Local Government Area of Benue State have been successfully rescued. Security sources confirm...

NMDPRA DISMISSES JET FUEL SCARCITY CLAIMS, CONFIRMS 74-DAY SUPPLY

Kikelomo Okere The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has dismissed reports of aviation fuel scarcity and price spikes, assuring Nigerians of adequate...

NIGERIA OPEN TO MORE INVESTMENT IN OFFSHORE OIL AND GAS SECTOR

    The Minister of Interior, Dr. Olubunmi Tunji-Ojo, has boosted investor confidence in Nigeria, expressing optimism that reforms under President Tinubuโ€™s Renewed Hope Agenda are...

PALM OIL RESET: FG TARGETS $500M SAVINGS FROM PALM OIL REVIVAL

Anietie Patrick Nigeria is moving to revive its struggling palm oil sector, with a bold target to save up to 500 million dollars annually from...

Recent Comments