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Top related persons:
Godwin Emefiele - 2 Bola Tinubu - 2 Tinubu - 2 Mr Godwin Emefiele - 2 Emefiele - 2 Razia Khan - 1 MacDonald Dzirutwe - 1 Alex Richardson - 1
Top related locs:
Nigeria LAGOS Africa Middle East ABUJA
Top related orgs:
Thomson - 2 police's Department of State Services - 1 of State Services - 1 Central Bank of Nigeria - 1 Senate - 1 Standard Chartered - 1 Central Bank Governor - 1 Financial - 1

Search resuls for: "Mr Godwin Emefiele"


2 mentions found


☆ Nigeria's security agency detains suspended central bank governor
  + stars: | 2023-06-10 | by ( Macdonald Dzirutwe | ) www.reuters.com   time to read: +2 min
LAGOS, June 10 (Reuters) - Nigeria's suspended central bank Governor Godwin Emefiele has been detained and is being held in custody for investigative reasons, the police's Department of State Services (DSS) said on Saturday. The country's new President Bola Tinubu suspended Emefiele with immediate effect on Friday, a measure the government said was linked to an ongoing probe of the governor's office and to planned reforms in the financial sector. "The Department of State Services (DSS) hereby confirms that Mr Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN) is now in its custody for some investigative reasons," the DSS statement said. Under Nigerian law, the permanent removal of a central bank governor from office would require a vote by the Senate. Economic analysts expect a series of changes at the central bank, including a gradual devaluation of the naira.
Persons: Godwin Emefiele, Bola Tinubu, Tinubu, Mr Godwin Emefiele, Emefiele, Razia Khan, MacDonald Dzirutwe, Alex Richardson, Mike Harrison, Helen Popper Our Organizations: police's Department of State Services, of State Services, Central Bank of Nigeria, Senate, Standard Chartered, Thomson Locations: LAGOS, Africa, Middle East, Nigeria
☆ Nigeria's President Tinubu suspends central bank governor
  + stars: | 2023-06-09 | by ( Felix Onuah | ) www.reuters.com   time to read: +2 min
ABUJA, June 9 (Reuters) - Nigeria's President Bola Tinubu has suspended central bank Governor Godwin Emefiele with immediate effect, following ongoing investigation of his office and planned reforms in the financial sector, the head of the government said on Friday. Tinubu criticised Emefiele's handling of the currency and monetary policy at his inauguration last week and called on the central bank to work towards a unified exchange rate. "President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, from office with immediate effect," the government said in a statement. Emefiele has been directed to hand over operations to the deputy governor, who will act as the central bank governor pending the conclusion of investigation and the reforms, the statement said. On Wednesday, the central bank allowed the naira to weaken by 2% on the official market to a record low.
Persons: Bola Tinubu, Godwin Emefiele, Tinubu, Bola Ahmed Tinubu, Mr Godwin Emefiele, Emefiele, Muhammadu Buhari, Felix Onuah, Chijioke Ohuocha, Marguerita Choy, Chris Reese Organizations: Central Bank Governor, Financial, Thomson Locations: ABUJA, Nigeria
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