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    Ronaldo institutes legal action against former club Juventus over unpaid €19.9 million 

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    Ronaldo institutes legal action against former club Juventus over unpaid €19.9 million 

    Ronaldo institutes legal action against former club Juventus over unpaid €19.9 million 

    Nigerian striker Victor Osimhen nominated for FIFA Best Player award

    Nigerian striker Victor Osimhen nominated for FIFA Best Player award

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    Vinicius Jr. nears recovery from minor injury; Real Madrid’s striking options in focus

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    Spanish authorities order probe of FA president for kissing female footballer

    Ten Hag wants to sign new goalkeeper to assist Onana ahead of Henderson’s exit

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Just In: Tinubu suspends CBN governor

Admin by Admin
9 June 2023
in Business, Politics
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CBN abandons non-interest loan facility for Nigerian Muslims

Mr Godwin Emefiele

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By Muhammadu Sabiu

President Bola Tinubu has approved the suspension of Godwin Emefiele, the governor of the Central Bank of Nigeria. 

Willie Bassey, Director, Information Office of the Secretary to the Government of the Federation, said in a succinct statement on Friday night that it is in response to an investigation being conducted by his office and upcoming financial sector reforms. 

According to media sources, Emefiele has been instructed to immediately transfer control of his office’s operations to the deputy governor (Operations Directorate), who would serve in that capacity until the inquiry and changes are complete. 

Recall that there were many controversial policies that were introduced by the apex bank under the leadership of Mr. Emefiele. One of the policies that brought about the change of the Nigerian currency was seen by many people as an effort against the candidature of Bola Tinubu during the last general elections. 

See also  Can Tinubu do like Abacha?
Tags: Apex BankBola Ahmad TinubuCBNGodwin EmefieleSuspensions
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