CBN Governor Emefiele Suspended, Faces Investigation

Less than two weeks after assuming office as President and Commander-in-Chief of the Armed Forces, President Bola Ahmed Tinubu has suspended the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, from office with immediate effect.

The suspension, according to a statement issued and signed by the Director of Information in the Office of Secretary to the Government of the Federation (OSGF), Willie Bassey, on Friday night, said the suspension came into effect as part of investigation of his office and the planned reforms in the financial sector of the economy.

The statement noted that Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of investigation and the reforms.

President Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, from office with immediate effect. This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.

“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of investigation and the reforms,” he stated.

Tension In Uruagu Nnewi As Community Leaders Dare Soludo,Defy Court Order

The President of Uruagu-Nnewi Development Union, Chief Sunday Okoli aka Organizer, and the Obi of Uruagu-Nnewi community in Nnewi North local government area of Anambra State, His Majesty Afamefuna Charles Obi, have swept Soludo's directive to the gutters, by reason of their suspension and subsequent dessolution of the leadership of the community's youth forum, led by Ejike Ifejiofor, and subsequent appointment of caretaker executive to pilot the affairs of youths in the community. The Anambra governor had, through a letter dated August 9, 2024, signed by the Permanent Secretary, Anambra State Ministry of Youth Development, Dr. Martin Agbili, warned the community leaders to stay any action regarding suspension of the Uruagu-Nnewi youth forum. The community had, through its PG, Chief Okoli, written to the Ministry of Youths Development, notifying the ministry of "immediate suspension" of the youth group over alleged insecurity in the area. But the ministry,...

Tinubu Appoints Chioma Awuzie Substantive Rector, Fed Poly Oko

President Bola Ahmed Tinubu has approved the appointment of Dr. Chioma Irene Awuzie as the substantive Rector of Federal Polytechnic, Oko, Anambra State. Dr. Awuzie's appointment, which takes effect immediately for a five-year term, follows the recommendation of the Polytechnic's Governing Council, chaired by Sen. Dr. Barnabas Gemade, after a transparent and competitive selection process where she emerged as the leading candidate. Prior to her appointment, Awuzie, who holds a Doctorate Degree in Physical and Materials Chemistry, was a distinguished Chief Lecturer in the Department of Science Laboratory Technology (Chemistry Option) and also Director in-charge of Tertiary Education Trust Fund (TETFund) Projects in the Polytechnic. Under her stewardship, Federal Polytechnic, Oko, witnessed unprecedented advancements in infrastructure and institutional transformation. Her leadership facilitated monumental developments across the Polytechnic’s campuses in Oko, ...

Federal Polytechnic Oko Holds Two-Day Recruitment Interview to Address Staff Shortages

The Federal Polytechnic, Oko, Anambra State, has begun a two-day interview exercise aimed at recruiting qualified personnel to fill vacant positions arising from staff retirements and other forms of exit from service. The exercise commenced on Tuesday at 10:00 a.m. and is being overseen by the Rector, Dr. Chioma Irene Awuzie, who personally announced the names of shortlisted candidates. Addressing the applicants, Dr. Awuzie cautioned that while many candidates were invited for the exercise, only a limited number would eventually be engaged, citing budgetary constraints facing the institution. She urged the candidates to remain patient and understanding throughout the process. According to the Rector, the recruitment exercise was structured to ensure transparency, fairness, and strict compliance with approved financial limits. Speaking with journalists at the interview venue, the Acting Registrar, Chief Dominic Nwagwu, explained that the exercise became necessary...