40:
453:
was charged in July 2023. He was re-arrested by the DSS on 25 July 2023, at the
Federal High Court in Lagos. On April 5, 2024, the Economic and Financial Crimes Commission (EFCC), filed new charges against Godwin Emefiele. Godwin Emefiele is accused of fraudulent false allocation of foreign exchange of $ 2 billion The indictment claims that the allocation was made without supporting offers. Godwin Emefiele committed the offenses between 2022 and 2023, the commission says. On 24th May, 2024, A Federal High Court in Ikoyi, Lagos, ordered the interim forfeiture of $ 4,719,054, N830,875,611, and several properties linked to the former CBN Governor. On the 22nd of June, 2024, in another related case, a Federal High Court granted the final forfeiture of properties worth over N12.18 billion Naira to the federal government.
357:
300:(UNN) for his tertiary education. He obtained a Bachelor’s Degree in Banking and Finance, finishing as one of the top students in his class, in 1984. Soon after his National Youth Service, he returned to UNN for a Masters Degree in Finance, which he obtained in 1986. He is also an alumnus of Executive Education at
413:
for the CBN Governor. In a series of tweets via his verified account, Emefiele rejected the presidential form and declared he has no intention to contest. But in a quick twist, Emefiele filed a lawsuit at the
Federal High Court in Abuja seeking an order from the court directing the electoral body and
452:
through their official twitter page. He was reportedly brought in for interrogation in regards to the investigation of his office, and a short video clip of him stepping out of an executive Hilux car in a close walk accompaniment by DSS officers into a waiting private jet ran wild in the media. He
343:
Plc. He served as deputy managing director of Zenith Bank Plc. from 2001. He served as executive director in charge of corporate banking, treasury, financial control and strategic planning of Zenith Bank Plc and served on the management team from its inception. He served as director at Zenith Bank
400:
In an unprecedented move by any chief of the
Nigerian apex bank, Godwin Emefiele ventured into partisan politics against the dictates of the Central Bank Act which provides that the occupant of the governor's position must remain apolitical and independent at all times to preserve the nonpartisan
391:
In 2019, Nigeria's Senate approved a second five-year term for
Emefiele. This was the first time that anyone had served for a second term since Nigeria's return to democracy in 1999. Senator Bukola Saraki read President Buhari's letter on Thursday, 9 May 2019. He was screened on Wednesday and his
435:
Emefiele was directed to hand over the affairs of his office to the Deputy
Governor (Operations Directorate) Folashodun Adebisi Shonubi, who will act as the Central Bank Governor pending the conclusion of the investigation and the reforms.
414:
the office of the attorney general not to stop him from contesting the presidential position. The court stepped down the request but invited the duo to make a formal presentation on why
Emefiele's request should not be granted.
408:
in the 2023 presidential election. What started as a rumor when campaign posters of the bank chief flooded the capital city of Abuja soon gained breath when a group of alleged rice farmers purchased the presidential form of the
1332:
895:
805:
662:
417:
Nigerians and the Civil
Society Organisations have filed multiple cases in court demanding the removal of the CBN Governor and accusing him of violating multiple provisions of the Central Bank Act.
1071:
1203:
1134:
1339:
1102:
954:
429:
suspended him as the
Central Bank Governor with immediate effect, the statement came from the office of the Secretary to the Government of the Federation by Mr Willie Bassey.
575:
1015:
517:
887:
1170:
543:
1252:
1467:
795:
652:
339:
Before moving to the
Central Bank, he gained over eighteen years of banking experience. He served as chief executive officer and group managing director of
985:
1063:
746:
1447:
1325:
1193:
1124:
261:
29:
857:
1037:
1094:
946:
432:
The suspension is sequel to ongoing investigation of his office and also the planned reforms in the financial sector of the economy.
54:
764:
827:
39:
1279:
565:
1007:
1160:
356:
1462:
296:, Nigeria. He attended Ansarudin Primary School and Maryland Comprehensive Secondary both in Lagos, before proceeding to the
513:
539:
380:. During his first term, he supervised an interventionist currency policy at the behest of the presidency, propping up the
918:
445:
1457:
977:
1301:
888:"Presidential Bid: Governor Emefiele Acted Contrary To Central Bank Act, Remove Him Now — SERAP Tells Buhari"
325:
313:
297:
196:
597:
1286:
468:
International
Islamic Liquidity Management Corporation (IILM), Member of the Governing Board (since 2018)
462:
329:
1226:
309:
211:
1452:
720:
151:
684:
865:
689:
493:
410:
404:
In May 2022, Emefiele drew public outrage when it emerged that he was seeking to replace President
265:(born 4 August 1961) is a Nigerian politician, economist and banker who served as governor of the
1349:
625:
373:
266:
1442:
384:
by pumping billions of dollars into the foreign exchange market. He also introduced a multiple
772:
1393:
835:
312:(2005). He was conferred with an Honorary Doctorate Degree in Business Administration by the
1437:
1403:
1317:
483:
385:
270:
8:
1276:
301:
201:
1165:
602:
478:
365:
305:
206:
108:
1064:"Emefiele files lawsuit, seeks to run for president without resigning as CBN governor"
1388:
75:
566:"APC ward chairman confirms Emefiele's membership, says CBN gov registered Feb 2021"
1383:
891:
449:
405:
79:
1363:
1305:
1283:
923:
1398:
1129:
381:
177:
1194:"Africa Nigeria's ex-central bank head Emefiele faces fresh charges on Monday"
1431:
1368:
1038:"Emefiele Declines Presidential Forms, Says God Would Direct Him In Few Days"
858:"CBN Governor: Senate committee begins Emefiele's tenure extension screening"
657:
1373:
765:"BREAKING: Senate confirms Emefiele's re-appointment a day after screening"
488:
361:
1253:"Court orders final forfeiture of over N11b properties linked to Emefiele"
1008:"'Divine intervention': Emefiele speaks on rumoured presidential ambition"
1408:
1378:
426:
388:
to try to mask pressure on the Naira and avoid a series of devaluations.
377:
340:
293:
285:
273:
140:
95:
83:
1298:
1098:
947:"2023: Emefiele's posters, banners flood Abuja ahead of APC convention"
188:
348:) Limited. He serves as director of ACCION Microfinance Bank Limited.
570:
324:
Early in his career, Emefiele lectured finance and insurance at the
828:"Breaking: Again, Buhari nominates Godwin Emefiele for second term"
796:"Nigeria's Senate confirms second term for cbank governor Emefiele"
376:
from 4 June 2014 to 9 June 2023 when he was suspended by President
333:
1198:
800:
540:"CBN governor Emefiele joins presidential race, obtains APC form"
181:
439:
465:(IMF), Ex-Officio Member of the Board of Governors (since 2018)
345:
1308:
International Islamic Liquidity Management Corporation (IILM).
242:
919:"2023: Emefiele campaign posters flood APC convention ground"
653:"Suspended CBN Governor, Godwin Emefiele, arrested, detained"
289:
1347:
1125:"Nigeria Files Suit Against Suspended Central Bank Governor"
1095:"Nigeria court denies Emefiele request in presidential run"
978:"2023: Farmers, others buy presidential forms for Emefiele"
712:
448:(DSS) confirmed the arrest of Emefiele at exactly 14:28
1161:"Video: DSS rearrests Emefiele after arraignment, bail"
420:
1227:"Emefiele to forfeit $ 4.7m, N830m, mansions, others"
747:"Nigeria central bank head nominated for second term"
360:
Godwin Emefiele (right) with U.S. Treasury Secretary
1429:
745:Eboh, Camillus; Ohuocha, Chijioke (9 May 2019).
1468:Commanders of the Order of the Federal Republic
351:
319:
514:"Central Bank of Nigeria:: Board of Directors"
288:, Nigeria on 4 August 1961. He is a native of
1333:
440:Arrests by the DSS and Subsequent Prosecution
332:, respectively. He also had a brief stint at
16:Nigerian politician and economist (born 1965)
626:"Tinubu suspends Emefiele, orders CBN probe"
392:confirmation came on Thursday, 16 May 2019.
744:
279:
1340:
1326:
650:
38:
1092:
740:
738:
685:"UNN Confers Honorary Degree On Emefiele"
598:"Profile of Godwin Emefiele, new CBN GOV"
269:from 4 June 2014 until his suspension by
1448:Governors of the Central Bank of Nigeria
1224:
916:
355:
284:Godwin Emefiele was born in present day
1191:
55:Governor of the Central Bank of Nigeria
1430:
975:
944:
735:
1321:
1158:
1137:from the original on 28 November 2023
808:from the original on 26 December 2022
578:from the original on 17 February 2023
546:from the original on 17 February 2023
1173:from the original on 23 October 2023
1105:from the original on 6 December 2023
793:
651:Adegboyega, Ayodeji (10 June 2023).
520:from the original on 8 November 2016
1250:
456:
421:Suspension as Central Bank Governor
13:
917:Babalola, Ayoola (25 March 2022).
67:4 June 2014 – 9 June 2023
14:
1479:
1225:Sobowale, Adetutu (24 May 2024).
1206:from the original on 19 June 2024
665:from the original on 11 June 2023
372:Emefiele was the governor of the
1159:Anaba, Innocent (25 July 2023).
1074:from the original on 17 May 2022
1018:from the original on 17 May 2022
988:from the original on 17 May 2022
957:from the original on 17 May 2022
945:Erunke, Joseph (25 March 2022).
898:from the original on 17 May 2022
723:from the original on 28 May 2020
1292:
1270:
1251:Abu, Augustine (22 June 2024).
1244:
1218:
1192:Anyaogu, Isaac (6 April 2024).
1185:
1152:
1117:
1086:
1056:
1030:
1000:
969:
938:
910:
880:
850:
820:
787:
757:
1093:Olurounbi, Ruth (9 May 2022).
794:Eboh, Camillus (17 May 2019).
705:
677:
644:
618:
590:
558:
532:
506:
395:
1:
864:. 15 May 2019. Archived from
771:. 16 May 2019. Archived from
499:
1463:University of Nigeria alumni
976:Olokor, Fiday (6 May 2022).
834:. 9 May 2019. Archived from
446:Department of State Services
352:Governor of the Central Bank
326:University of Nigeria Nsukka
320:Career in the private sector
314:University of Nigeria Nsukka
298:University of Nigeria Nsukka
197:University of Nigeria Nsukka
7:
1287:International Monetary Fund
472:
463:International Monetary Fund
330:University of Port Harcourt
10:
1484:
425:On 9 June 2023, President
310:Wharton School of Business
212:Wharton School of Business
1356:
713:"Central Bank of Nigeria"
251:
237:
220:
187:
173:
165:
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152:All Progressives Congress
147:
124:
119:
115:
102:
89:
71:
60:
53:
49:
37:
23:
1304:6 September 2024 at the
494:List of banks in Nigeria
411:All Progressive Congress
280:Early life and education
1350:Central Bank of Nigeria
1148:(subscription required)
374:Central Bank of Nigeria
267:Central Bank of Nigeria
258:Godwin Ifeanyi Emefiele
1458:Politicians from Lagos
369:
1394:Joseph Oladele Sanusi
1282:18 March 2011 at the
1257:Premium Times Nigeria
444:On 10 June 2023, the
401:posture of the bank.
364:and Deputy Secretary
359:
344:Plc and Zenith Bank (
178:Master of Arts degree
44:Emefiele in July 2015
1404:Sanusi Lamido Sanusi
484:Edward Lametek Adamu
386:exchange rate regime
1369:Clement Nyong Isong
1360:Roy Pentelow Fenton
302:Stanford University
202:Stanford University
1012:Guardian Newspaper
606:. 20 February 2014
479:Economy of Nigeria
370:
366:Sarah Bloom Raskin
306:Harvard University
276:, on 9 June 2023.
207:Harvard University
109:Folashodun Shonubi
1425:
1424:
1389:Paul Agbai Ogwuma
1348:Governors of the
255:
254:
161:Margaret Emefiele
76:Goodluck Jonathan
1475:
1453:Nigerian bankers
1384:Abdulkadir Ahmed
1342:
1335:
1328:
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1309:
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1133:. 13 July 2023.
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862:Oak TV Newstrack
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832:Oak TV Newstrack
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457:Other activities
406:Muhammadu Buhari
264:
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120:Personal details
105:
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80:Muhammadu Buhari
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1417:Godwin Emefiele
1364:Aliyu Mai-Bornu
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1306:Wayback Machine
1299:Governing Board
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1284:Wayback Machine
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1068:Peoples Gazette
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148:Political party
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45:
33:
28:
26:
25:Godwin Emefiele
17:
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1399:Charles Soludo
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1130:Bloomberg News
1116:
1085:
1070:. 9 May 2022.
1055:
1029:
1014:. 7 May 2022.
999:
968:
937:
909:
894:. 7 May 2022.
879:
868:on 17 May 2019
849:
838:on 13 May 2019
819:
786:
775:on 17 May 2019
756:
734:
717:www.cbn.gov.ng
704:
676:
643:
632:. 10 June 2023
617:
589:
574:. 9 May 2022.
557:
542:. 6 May 2022.
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693:. 17 May 2019
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658:Premium Times
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137:(age 63)
135:4 August 1961
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22:
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1374:Adamu Ciroma
1314:
1294:
1272:
1260:. Retrieved
1256:
1246:
1234:. Retrieved
1230:
1220:
1208:. Retrieved
1197:
1187:
1175:. Retrieved
1164:
1154:
1139:. Retrieved
1128:
1119:
1107:. Retrieved
1088:
1076:. Retrieved
1067:
1058:
1046:. Retrieved
1044:. 7 May 2022
1041:
1032:
1020:. Retrieved
1011:
1002:
990:. Retrieved
981:
971:
959:. Retrieved
950:
940:
928:. Retrieved
922:
912:
900:. Retrieved
882:
870:. Retrieved
866:the original
861:
852:
840:. Retrieved
836:the original
831:
822:
810:. Retrieved
799:
789:
777:. Retrieved
773:the original
768:
759:
750:
725:. Retrieved
716:
707:
695:. Retrieved
690:The Guardian
688:
679:
667:. Retrieved
656:
646:
634:. Retrieved
629:
620:
608:. Retrieved
601:
592:
580:. Retrieved
569:
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548:. Retrieved
534:
522:. Retrieved
508:
489:Aishah Ahmad
443:
434:
431:
424:
416:
403:
399:
390:
371:
362:Jacob J. Lew
338:
323:
283:
257:
256:
104:Succeeded by
62:
18:
1438:1961 births
1409:Sarah Alade
1379:Ola Vincent
1262:3 September
1042:Daily Trust
582:24 February
427:Bola Tinubu
396:Controversy
378:Bola Tinubu
341:Zenith Bank
308:(2004) and
294:Delta State
286:Lagos State
274:Bola Tinubu
141:Lagos State
96:Sarah Alade
91:Preceded by
84:Bola Tinubu
1432:Categories
1099:Al Jazeera
500:References
221:Occupation
189:Alma mater
131:1961-08-04
1231:The Punch
1210:31 August
1177:31 August
1109:31 August
982:The Punch
812:31 August
697:31 August
630:The Punch
610:31 August
571:The Punch
550:31 August
271:President
227:Economist
174:Education
143:, Nigeria
72:President
63:In office
1412:(acting)
1302:Archived
1280:Archived
1204:Archived
1171:Archived
1166:Vanguard
1135:Archived
1103:Archived
1072:Archived
1016:Archived
986:Archived
955:Archived
951:Vanguard
896:Archived
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603:Vanguard
576:Archived
544:Archived
518:Archived
473:See also
334:Vodafone
166:Children
111:(Acting)
98:(Acting)
1277:Members
1199:Reuters
1141:14 July
801:Reuters
751:Reuters
669:12 June
636:10 June
368:in 2015
316:(UNN).
238:Website
182:Finance
1289:(IMF).
1236:24 May
1078:17 May
1048:17 May
1022:17 May
992:17 May
961:17 May
930:17 May
902:16 May
872:17 May
842:17 May
779:17 May
727:28 May
524:24 May
346:Gambia
328:, and
230:banker
158:Spouse
290:Agbor
1264:2024
1238:2024
1212:2024
1179:2024
1143:2023
1111:2024
1080:2022
1050:2022
1024:2022
994:2022
963:2022
932:2022
904:2022
874:2019
844:2019
814:2024
781:2019
729:2020
699:2024
671:2023
638:2023
612:2024
584:2023
552:2024
526:2017
245:.com
125:Born
450:WAT
262:CFR
180:in
30:CFR
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