Breaking: DSS arrest Emefiele

The Department of State Services (DSS) has apprehended Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), shortly after his suspension by President Bola Tinubu.

President Tinubu’s decision to suspend Emefiele did not come as a surprise to many, as the embattled CBN governor had been widely criticized for the way he has allegedly mismanaged the nation’s monetary policies.

A statement announcing his suspension said the move came amid “ongoing investigation of his office and the planned reforms in the financial sector of the economy.”