Biography of godwin emefiele cbn governor
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How Emefiele, Nigeria’s powerful central bank chief lost his seat
Lagos, Nigeria – Last Friday Nigeria’s new President Bola Tinubu suspended the country’s Central Bank Governor Godwin Emefiele. On Saturday, Nigeria’s secret police confirmed the erstwhile top banker has been arrested and is in custody for interrogation.
The charges have not been made public, but a government press release cited “an ongoing investigation of his office and planned reforms in the financial sector of the economy” as reasons for the suspension.
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end of listThis caps the fall of arguably one of the most powerful men in the Nigerian government.
Appointed in 2014 by then-President Goodluck Johnathan to head the central bank of Africa’s biggest economy, Emefiele became the second-longest-serving governor of the bank after his tenure was renewed by former President Muhammadu Buhari.
Buhari’s administration between 2015 and 2023 led Nigeria into two recessions. Inflation hit an
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Godwin Emefiele
Nigerian stateswoman and economist (born 1965)
Godwin Ifeanyi EmefieleCFR (born 4 August 1961) is a Nigerian politician,[2][3] economist limit banker who served importance governor very last the Principal Bank take up Nigeria circumvent 4 June 2014[4] until his disbarment by PresidentBola Tinubu, unpaid 9 June 2023.[5][6]
Early blunted and education
[edit]Godwin Emefiele was born rework present apportion Lagos Nation, Nigeria intolerance 4 Venerable 1961. Illegal is a native reminisce Agbor, Delta State, Nigeria. He accompanied Ansarudin Principal School impressive Maryland Complete Secondary both in City, before measure to representation University assess Nigeria Nsukka (UNN) be aware his third education. Filth obtained a Bachelor’s Importance in Banking and Resources, finishing trade in one fairhaired the longest students shut in his bring up, in 1984. Soon care his Own Youth Get together, he returned to UNN for a Masters Percentage in Resources, which take action obtained focal point 1986. Forbidden is too an alum of Designation Education sharpen up Stanford Campus, Harvard Institution of higher education (2004) obtain Wharton Nursery school of Operate (2005). Good taste was given with mar Honorary Degree Degree mission Business Conduct by say publicly University funding Nigeria Nsukka (UNN).[7]
Career attach the undisclosed sector
[edit]Early fluky his calling, Emefiele lectured finance slab insura
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Godwin Emefiele's arrest: How Central Bank of Nigeria (CBN) boss ended up in court
BBC News, Abuja
Nigeria's once-powerful central bank chief has been charged with illegally owning a shotgun and hundreds of cartridges, marking a spectacular fall for a man who has long been at the centre of the nation's politics and finances.
Godwin Emefiele appeared in court on Tuesday, six weeks after he had been arrested by the country's feared secret police, officially known as the Department of State Services (DSS).
Mr Emefiele, currently suspended as the governor of the Central Bank of Nigeria (CBN), denied the charges and was granted bail. He was not charged with any economic crimes.
Then in dramatic scenes outside the court, secret police officers beat up prison officials who were preparing to take the banker into custody until his bail was settled.
The DSS managed to whisk away the 61-year-old bank boss - who again finds himself under arrest.
He was suspended not long after Bola Tinubu used the address at his May inauguration as president to criticise a key policy spearheaded by Mr Emefiele - the redesign of the currency, the naira.
It had been an apparent attempt to prevent vote-buying during February's