Tinubu suspends Emefiele, orders probe

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

A Director in the Office of the Secretary to the Government of the Federation, Willie Bassey, disclosed this in a statement on Friday night.

“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,” the statement read.