Nigeria's Central Bank: A Tale of Leadership Changes.
TL;DR
Nigeria's Central Bank Governor, Godwin Emefiele, has been suspended and arrested for interrogation by the country's secret police. 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. Emefiele served under former President Muhammadu Buhari for eight years, overseeing Nigeria's biggest economic downturn. His tenure was marked by unorthodox monetary policies, inflation, and a debt profile that soared to more than $150bn.
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- The rise and fall of Nigeria’s Godwin Emefiele: From luxury jets and exotic beaches to detention The Africa Report
- Emefiele: A right decision at the wrong time, By Jideofor Adibe Premium Times
- Who is Folashodun Shonubi, Nigeria’s new central bank chief? Al Jazeera English
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