Tinubu Suspends Nigeria’s Central Bank Governor Emefiele Pending Investigation

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

In a terse statement from the office of the Secretary to the Government of the Federation, Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate) Folashodun Adebisi Shonubi, who will act as the Central Bank Governor pending the conclusion of investigation and the reforms. 

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