CBN denies rumored sacking of Emefiele

The Central Banks of Nigeria (CBN) has debunked reports that its Governor, Godwin Emefiele was sacked.

Several online media platforms particularly blogs had reported that the CBN governor had been sacked by President Muhammadu Buhari.

While some social media users believe the president may need to go through legislative processes before sacking the governor, others have continued to spread rumours of his alleged sack.

Reacting to the report, the Head of Corporate Communications of the bank, Mr. Osita Nwanisiobi said the purported sack was not true.

Denying the report, Osita said, “I heard it just the way you got it too. As far as I am concerned, it’s a rumour, I’m not aware of any sack”

Emefiele has been under pressure since he declared interest in running for president of the Federal Republic of Nigeria in 2023.

Some stakeholders had called for his sack over his involvement in partisan politics.