In a nottoosurprising turn of events, President Bola Tinubu suspended Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), with immediate effect.
Most analysts had expected this to be one of the first decisions taken by the president immediately after he assumed office.
Emefiele resumed office as the Central Bank Governor on June 4, 2014, and was given a second 5year term by President Buhari starting in June 2019.
His current tenure was to expire in 2024.
- Official Reason for his suspension
- Controversial Policies under Emefiele and why he may have been removed