Tag: Godwin Emefiele

Night of The Long Knives in Nigeria As Tinubu Wields Axe

A panel of five judges from Nigeria's election tribunal late Wednesday unanimously affirmed the election of President Bola Tinubu, solidifying his position as the West African nation's leader and effectively dismissing petitions by opposition parties. (Photo: Xinhua)

THE firing of service chiefs and immediate dissolution of the boards of all government parastatals, agencies, institutions and companies is the latest blitz by the new president, Bola Tinubu, to carve a stranglehold on power in Nigeria. The purge comes three weeks after he was inaugurated as the fifth president of Africa’s political and economic… Continue reading Night of The Long Knives in Nigeria As Tinubu Wields Axe

Nigeria Edgy After Central Bank Governor Ousted

The governor of the Central Bank of Nigeria, Godwin Emefiele, and chairperson of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, were last week suspended and detained on multiple charges bordering on corruption and abuse of office.

FOR a man who a few months ago was one of the most powerful individuals in Nigeria, heading the central bank of Africa’s biggest economy, and aspiring for the presidency of the continent’s largest nation, Godwin Emefiele’s fall from grace has been headlong. In a flash, the Central Bank of Nigeria (CBN) governor’s fortunes have… Continue reading Nigeria Edgy After Central Bank Governor Ousted

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