Godwin Emefiele served throughout Muhammadu Buhari's presidency
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.
Latest Stories
-
Joy FM Prayer Summit for Peace ends in electrifying worship and prayer
2 hours -
The Conscience of Leadership: A call to President Akufo-Addo on Ghana’s environmental devastation
3 hours -
Ghanaian youth unaware of their right to hold politicians accountable – Youth Bridge Foundation
4 hours -
Judge delays Trump sentencing for a third time
4 hours -
2024 WAFCON: Ghana drawn against defending champions South Africa in Group C
4 hours -
Photos from DW-JoyNews street debate on ‘galamsey’
5 hours -
Mimmy Yeboah: Blending heritage with global sophistication, confidence redefined through couture
5 hours -
100 Most Influential People Awards 2024: Brain Hill International School’s Director Mary Anane Awuku honoured
6 hours -
Akufo-Addo commissions 97-km Tema-Mpakadan railway line
6 hours -
Majority requests recall of Parliament
6 hours -
Kanzlsperger and Professor Quartey support WAFA with medical Donation
6 hours -
Gideon Boako donates 10 industrial sewing machines to Yamfo Technical Institute
7 hours -
‘Golden Boy’ Abdul Karim Razak honored at WAFU-B general assembly
7 hours -
Buipewura Jinapor secures Vice Presidential position in National House of Chiefs with record votes
7 hours -
2024 election: I want results to come out like ‘milk and honey’ – Toobu
7 hours