Mr. Folashodun Adebisi Shonubi has been named as the Central Bank of Nigeria’s acting governor by President Bola Tinubu.

Following Godwin Emefiele’s Friday suspension as CBN Governor, Shonubi was appointed.

He served as the Operations Directorate’s Deputy Governor before to being appointed.

This was revealed by Tinubu’s media assistant Bayo Onanuga on Friday in a tweet on his Twitter account.

He wrote, “Folashodun Adebisi Shonubi is the CBN acting governor. He has been since October 2018, the Deputy Governor, Operations Directorate. He was born on the 7th of March, 1962. He attended the University of Lagos from 1978 to 1983 and obtained a Bachelor of Science in Mechanical Engineering. He also represents the CBN on the board of FIRS”.

Xchange Hama Media reports 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.

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