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