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    Tinubu suspends Emefiele from office as Central Bank Governor

    Vincent OsuwoBy Vincent OsuwoJune 9, 2023No Comments1 Min Read
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    CBN withdraws license of 146 financial Institutions Former CBN Governor, Godwin Emefiele is facing corruption charges
    Former CBN Governor, Godwin Emefiele is facing corruption charges
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    PRESS RELEASE 

    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.

    • Governors back Tinubu on fuel subsidy

    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.

    Willie Bassey
    Director, Information
    For: Secretary to the Government of the Federation

    9th June, 2023.

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    Banks to deduct 10% withholding tax on foreign currency deposits Jan 1

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