Tag: Godwin Emefiele

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News

President Tinubu suspends CBN Governor, Godwin Emefiele

President Bola Ahmed Tinubu has suspended the Central Bank of Nigeria, CBN, Governor, Mr Godwin Emefiele from office with immediate effect.

According to a terse statement by Willie Bassey Director, Information Office of the Secretary to the Government of the Federation on Friday night, it is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.

We reports that Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of investigation and the reforms.

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News

CBN Directs Banks To Dispense And Receive Old N200, N500 And N1000 Notes

Following the Naira scarcity in the country and the Supreme court order, declaring the old N500 and N1000 as legal tender till Dec 31, 2023, the Central Bank of Nigeria has now directed commercial banks to dispense and receive old naira notes.

A statement by the acting Director, CBN Corporate Communications, Isa AbdulMumin, says the apex bank gave the directive at a Bankers’ Committee meeting held on Sunday.

Banks have now been authorised to dispense and receive the old Naira notes.

Read The Statement Below;

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2023 Elections News

Godwin Emefiele is a God sent to this nation” – Senator Ben Murray-Bruce

Godwin Emefiele, the governor of the CBN, has been praised by Senator Ben Bruce Murray and called him a “God sent to this nation.”

Godwin Emefiele

Ben Bruce shared his opinion via the micro-blogging platform, Twitter, where she tagged Godwin Emefiele as a “God sent’. According to him due to the introduction of the new Naira note and its scarcity, “vote buying will be almost eliminated”.

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He has, however, urged Nigerians to please put him in their prayers as Emefiele is being “targeted by desperate politicians”.

He noted:

“Godwin Emefiele is a God sent to this nation. For the first time in forever, vote buying will be almost eliminated. In a country with 130 million multidimensionally poor people, this is a giant step for democracy. I urge all patriotic Nigerians to pray for his safety as he is targeted by desperate politicians”

See post below;