Wednesday, October 29, 2025
Home Business DSS DENIES ARREST OF GOVERNOR OF CENTRAL BANK GODWIN EMEFIELE.

DSS DENIES ARREST OF GOVERNOR OF CENTRAL BANK GODWIN EMEFIELE.

The Department of State Services (DSS) has confirmed that Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), is not in their custody.

The spokesman of the service Dr. Peter Afunanya confirmed this in a statement.

President Tinubu’s decision to suspend Emefiele did not come as a surprise to many, as the embattled CBN governor had been widely criticized for the way he has allegedly mismanaged the nation’s monetary policies.

A statement announcing his suspension said the move came amid “ongoing investigation of his office and the planned reforms in the financial sector of the economy.”

Willie Bassey, the Director of Information at the office of the Secretary to the Government of the Federation, said Emefiele’s suspension is with immediate effect.

Following the suspension, the DSS swiftly moved to arrest Emefiele, taking him into custody supposedly for questioning.

It could recalls that Emefiele had been accused of allegedly aiding and abetting acts of terrorism and the DSS made unsuccessful attempts to arrest him before President Tinubu took office.

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