President of the Federal Republic Of Nigeria, Asiwaju Bola Ahmed Tinubu has suspended the Governor of Central Bank Godwin Emefiele.

In a press release issued by the office of the secretary to the federation, the suspension was sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.

Also, the Deputy Director Operations of the Central Bank of Nigeria has been directed to pilot the affairs of the CBN while investigations are ongoing ‘’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.

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