Emefiele proceed on leave not sacked

The CBN Governor, Emefiele, proceed on an official leave.

Emefiele

There’s a news going round the social media that the CBN governor has been sacked by the federal government but the truth of the matter is that Emefiele was only asked to proceed on a leave by the federal government.

The Nigerian government has asked the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to proceed on leave ahead of expiration of his tenure.

Emefiele was said to have received a letter to the effect on Monday.

The financial expert has been Governor of the Central Bank of Nigeria since June 3, 2014.

He was Chief Executive officer and Group Managing Director of Zenith Bank Plc and previously the Deputy Managing Director of Zenith Bank Plc.

Emefiele served as Executive Director in charge of Corporate Banking, Treasury, Financial Control and Strategic Planning of Zenith Bank Plc and has been on the Management team since inception.

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