Naira depreciates by 0.64% amid CBN gov’s suspension
A total of 77.42 million dollars was traded at the official Investors and Exporters window on Friday.
The PUNCH reports President Bola Tinubu, on Friday, suspended the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, from office with immediate effect. This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy, according to a statement on Friday by the Director of Information, Office of the Secretary to the Government of the Federation, Willie Bassey.
According to the statement, Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor , who will act as the CBN governor pending the conclusion of the investigation and the reforms.Kindly share this story: All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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