Godwin Emefiele served throughout Muhammadu Buhari's presidency
Audio By Carbonatix
Police in Nigeria say they've detained the governor of the country's Central Bank during an investigation.
On Friday, Nigeria's new President, Bola Tinubu, announced that he had suspended the governor, Godwin Emefiele, with immediate effect amid planned reforms in the financial sector.
At his inauguration last week, President Tinubu criticised Mr Emefiele's monetary policies and his handling of the Nigerian currency.
The naira has weakened progressively under Mr Emefiele's leadership.
Operations have been handed over to the bank's deputy governor.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Creative Canvas 2025: Moliy and the power of a global digital moment
1 hour -
Ibrahim Mahama supports disability groups with Christmas donation
2 hours -
Techiman hosts historic launch of GJA Bono East Chapter: Regional pact for balanced journalism
2 hours -
Kasoa: Boy, 6, drowns in open water tank while retrieving football
3 hours -
Five-year-old boy dies after getting caught in ski travelator
5 hours -
‘This is an abuse of trust’- PUWU-TUC slams gov’t over ECG privatisation plans
5 hours -
Children should be protected from home fires – GNFSÂ
5 hours -
Volta Regional Minister urges unity, respect for Chief Imam’s ruling after Ho central mosque shooting
5 hours -
$214M in gold-for-reserves programme not a loss, Parliament’s economy chair insists it’s a transactional cost
6 hours -
Elegant homes estate unveils ultra-modern sports complex in Katamanso
6 hours -
ECG can be salvaged without private investors -TUC Deputy Secretary-General
6 hours -
Two pilots killed after mid-air helicopter collision in New Jersey
6 hours -
2025 in Review: Fire, power and the weight of return (January – March)
6 hours -
Washington DC NPP chairman signals bid for USA chairmanship
7 hours -
Sheikh Ali Muniru remains Volta regional Imam, says National chief Imam
7 hours