Nigeria’s President Bola Tinubu on Friday suspended the Governor of the country’s Central Bank. Mr. Godwin Emefiele’s suspension takes immediate effect. A brief statement by a director from the Information Office of the Secretary to the Government of the Federation said this action was taken because of the ongoing investigation of his office and the […]
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The Central Bank of Nigeria (CBN) has denied reports that it has devalued the naira, urging the public to disregard any contrary information. In a statement issued by the Acting Director of Corporate Communication, Dr. Isa AbdulMumin, the CBN described the news report as “replete with outright falsehoods and destabilizing innuendos”. The bank emphasized that […]
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