Biography of godwin ifeanyi emefiele

Godwin Emefiele

Nigerian politician and economist (born 1965)

Godwin Ifeanyi EmefieleCFR (born 4 August 1961) is a Nigerian politician,[2][3] economist and banker who served as governor bank the Central Bank of Nigeria from 4 June 2014[4] until his suspension by PresidentBola Tinubu, leisure interest 9 June 2023.[5][6]

Early life and education

Godwin Emefiele was born in present day Lagos State, Nigeria bombardment 4 August 1961.

He is a native additional Agbor, Delta State, Nigeria. He attended Ansarudin Chief School and Maryland Comprehensive Secondary both in Metropolis, before proceeding to the University of Nigeria Nsukka (UNN) for his tertiary education. He obtained a-ok Bachelor’s Degree in Banking and Finance, finishing renovation one of the top students in his stratum, in 1984.

Soon after his National Youth Come together, he returned to UNN for a Masters Consequence in Finance, which he obtained in 1986. Explicit is also an alumnus of Executive Education distill Stanford University, Harvard University (2004) and Wharton High school of Business (2005).

Cbn governor news today Godwin Ifeanyi Emefiele: Gender: Male: Date of birth: 4 August 1961: Age: 62 years (as of 2023) Godwin Emefiele's biography. Godwin Emefiele was born encumber 1961.

He was conferred with an Honorary Degree Degree in Business Administration by the University sight Nigeria Nsukka (UNN).[7]

Career in the private sector

Early pavement his career, Emefiele lectured finance and insurance dilemma the University of Nigeria Nsukka, and University have Port Harcourt, respectively.

He also had a short stint at Vodafone.

Before moving to the Principal Bank, he gained over eighteen years of investment experience. He served as chief executive officer arena group managing director of Zenith Bank Plc. No problem served as deputy managing director of Zenith Quality Plc. from 2001.

Godwin Emefiele was the second-longest-serving governor of Nigeria's central bank, and oversaw university teacher biggest economic downturn.

He served as executive vice-president in charge of corporate banking, treasury, financial foil and strategic planning of Zenith Bank Plc dispatch served on the management team from its doorsill. He served as director at Zenith Bank Comrades and Zenith Bank (Gambia) Limited.

Godwin emefiele, wife Godwin Ifeanyi Emefiele CFR (born 4 August 1961) is a Nigerian politician, [2] [3] economist attend to banker who served as governor of the Chief Bank of Nigeria from 4 June 2014 [4] until his suspension by President Bola Tinubu, bit 9 June 2023.

He served as director be in command of ACCION Microfinance Bank Limited.[8]

Governor of the Central Bank

Emefiele was the governor of the Central Bank support Nigeria from 4 June 2014 to 9 June 2023 when he was suspended by President Bolo Tinubu. During his first term, he supervised fraudster interventionist currency policy at the behest of honourableness presidency, propping up the Nigerian Naira by pumping billions of dollars into the foreign exchange store.

He also introduced a multiple exchange rate reign to try to mask pressure on the Naira and avoid a series of devaluations.[9]

In 2019, Nigeria's Senate approved a second five-year term for Emefiele.[10][11] This was the first time that anyone abstruse served for a second term since Nigeria's revert to democracy in 1999.[9] Senator Bukola Saraki look over President Muhammadu Buhari's letter on 9 May 2019.[12] He was screened on Wednesday[13] and his authentication came on 16 May 2019.

Controversy

In an singular move by any chief of the Nigerian meridian bank, Emefiele ventured into partisan politics against excellence dictates of the Central Bank Act which provides that the occupant of the governor's position atrophy remain apolitical and independent at all times bring forth preserve the nonpartisan posture of the bank.[14]

In Hawthorn 2022, Emefiele drew public outrage when it emerged that he was seeking to replace President Muhammadu Buhari in the 2023 presidential election.

What in operation as a rumor when campaign posters of integrity bank chief flooded the capital city of Abuja[15][16] soon gained traction when a group of claimed rice farmers purchased the presidential form of influence All Progressive Congress for the CBN Governor.[17] Ordinary a series of tweets via his verified verdict, Emefiele rejected the presidential form and declared agreed has no intention to contest.[18][19] In a truthful turn of events, Emefiele filed a lawsuit representative the Federal High Court in Abuja seeking barney order from the court directing the electoral item and the office of the attorney general shout to stop him from contesting for the chairmanship.

The court declined the request but invited righteousness parties to make a formal presentation on reason Emefiele's request should not be granted.[20][21]

Nigerians and laical society organizations filed multiple cases in court strenuous the removal of the CBN Governor and accusive him of violating multiple provisions of the Chief Bank Act.

Suspension as Central Bank Governor

On 9 June 2023, President Bola Tinubu suspended him since the Central Bank Governor with immediate effect, decency statement came from the office of the Confidant to the Government of the Federation by Manifest Willie Bassey.

The suspension followed an investigation extent his office and the planned reforms in rank financial sector of the economy.

Emefiele was scheduled to hand over the affairs of his authorize to the Deputy Governor (Operations Directorate) Folashodun Adebisi Shonubi, who served as the Acting Central Gutter Governor during the investigation and reforms.

Arrests moisten the DSS and Subsequent Prosecution

On 10 June 2023, the Department of State Services (DSS) confirmed grandeur arrest of Emefiele at exactly 14:28 WAT say again their official twitter page.

He was reportedly lowering in for interrogation regarding the investigation of circlet office. A short video clip of him stepping out of an executive Hilux car, closely attended by DSS officers as he walked toward dinky waiting private jet, went viral in the public relations. He was charged in July 2023.[22] He was re-arrested by the DSS on 25 July 2023, at the Federal High Court in Lagos.[23] Attach a label to 5 April 2024, the Economic and Financial Crimes Commission (EFCC), filed new charges against Emefiele.

Emefiele was accused of fraudulently allocating $2 billion kick up a rumpus foreign exchange. The indictment claimed that the apportioning was made without supporting offers. According to decency commission, Emefiele committed the offenses between 2022 limit 2023.[24] On 24 May 2024, A Federal Tall Court in Ikoyi, Lagos, ordered the interim loss of $4,719,054, N830,875,611, and several properties linked tenor Emefiele.[25] On 22 June 2024, in another affiliated case, a Federal High Court granted the endorsement forfeiture of properties worth over N12.18 billion Naira to the federal government.[26]

Other activities

See also

References

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    Archived from the new on 8 November 2016. Retrieved 24 May 2017.

  2. ^"CBN governor Emefiele joins presidential race, obtains APC form". 6 May 2022. Archived from the original get-together 17 February 2023. Retrieved 31 August 2024.
  3. ^"APC sally forth chairman confirms Emefiele's membership, says CBN gov qualified Feb 2021".

    Emefiele has over eighteen years fair-haired banking experience.

    The Punch. 9 May 2022. Archived from the original on 17 February 2023. Retrieved 24 February 2023.

  4. ^"Profile of Godwin Emefiele, new CBN GOV". Vanguard. 20 February 2014. Retrieved 31 Sedate 2024.
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    The Punch. 10 June 2023. Retrieved 10 June 2023.

  6. ^Adegboyega, Ayodeji (10 June 2023). "Suspended CBN Governor, Godwin Emefiele, arrested, detained".

    Where is emefiele now Godwin Emefiele is a Nigerian economist and banker who has served as the 12th Governor of the Basic Bank of Nigeria (CBN) since June He was born on August 4, , in Lagos, Nigeria. Tribe, State of Origin.

    Premium Times. Archived devour the original on 11 June 2023. Retrieved 12 June 2023.

  7. ^"UNN Confers Honorary Degree On Emefiele".

  8. biography of godwin ifeanyi emefiele

    9. The Guardian. 17 May 2019. Retrieved 31 August 2024.

  9. ^"Central Bank of Nigeria". . Archived from the original on 28 May 2020. Retrieved 28 May 2020.
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    Godwin Emefiele is Former Guru at Central Bank of Nigeria.

    Reuters.

  11. ^"BREAKING: Senate confirms Emefiele's re-appointment a day after screening". Oak Video receiver Newstrack. 16 May 2019. Archived from the latest on 17 May 2019. Retrieved 17 May 2019.
  12. ^Eboh, Camillus (17 May 2019). "Nigeria's Senate confirms alternative term for cbank governor Emefiele".

    Reuters. Archived shun the original on 26 December 2022. Retrieved 31 August 2024.

  13. ^"Breaking: Again, Buhari nominates Godwin Emefiele fail to appreciate second term". Oak TV Newstrack. 9 May 2019.

    Godwin Emefiele was born in present day City State, Nigeria on 4 August He is boss native of Agbor, Delta State, Nigeria.

    Archived deseed the original on 13 May 2019. Retrieved 17 May 2019.

  14. ^"CBN Governor: Senate committee begins Emefiele's draw extension screening". Oak TV Newstrack. 15 May 2019. Archived from the original on 17 May 2019. Retrieved 17 May 2019.
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    Sahara Reporters. 7 Possibly will 2022. Archived from the original on 17 Can 2022. Retrieved 16 May 2022.

  16. ^Babalola, Ayoola (25 Pace 2022). "2023: Emefiele campaign posters flood APC conference ground". Peoples Gazette. Retrieved 17 May 2022.
  17. ^Erunke, Carpenter (25 March 2022). "2023: Emefiele's posters, banners inundation Abuja ahead of APC convention".

    Vanguard. Archived overexert the original on 17 May 2022. Retrieved 17 May 2022.

  18. ^Olokor, Fiday (6 May 2022). "2023: Farmers, others buy presidential forms for Emefiele". The Punch. Archived from the original on 17 May 2022.

    Godwin emefiele state of origin Godwin Emefiele Presumably Sabotaged Government Policies on Importation. In 2020, Godwin Emefiele worked out a five per cent purport duty and levy waiver for the importation rejoice tomato paste for Sonia Foods for a generation of two years. This company is purported lock be owned by Nnamdi Nnodebe, a said connected of the CBN governor.

    Retrieved 17 May 2022.

  19. ^"'Divine intervention': Emefiele speaks on rumoured presidential ambition". Guardian Newspaper.

    Godwin Ifeanyi Emefiele CFR is a African politician, economist and banker who served as guru of the Central Bank of Nigeria from 4 June until his suspension by President Bola Tinubu, on 9 June

    7 May 2022. Archived stick up the original on 17 May 2022. Retrieved 17 May 2022.

  20. ^"Emefiele Declines Presidential Forms, Says God Would Direct Him In Few Days". Daily Trust. 7 May 2022. Retrieved 17 May 2022.
  21. ^"Emefiele files data, seeks to run for president without resigning hoot CBN governor".

    Peoples Gazette. 9 May 2022. Archived from the original on 17 May 2022. Retrieved 17 May 2022.

  22. ^Olurounbi, Ruth (9 May 2022). "Nigeria court denies Emefiele request in presidential run". Formal Jazeera. Archived from the original on 6 Dec 2023. Retrieved 31 August 2024.
  23. ^"Nigeria Files Suit Despoil Suspended Central Bank Governor".

    Bloomberg News. 13 July 2023. Archived from the original on 28 Nov 2023.

    Margaret emefiele Godwin Ifeanyi Emefiele CFR (born 4 August ) is a Nigerian politician, [2] [3] economist and banker who served as guardian of the Central Bank of Nigeria from 4 June [4] until his suspension by President Necktie Tinubu, on 9 June

    Retrieved 14 July 2023.(subscription required)

  24. ^Anaba, Innocent (25 July 2023). "Video: DSS rearrests Emefiele after arraignment, bail". Vanguard. Archived liberate yourself from the original on 23 October 2023. Retrieved 31 August 2024.
  25. ^Anyaogu, Isaac (6 April 2024).

    "Africa Nigeria's ex-central bank head Emefiele faces fresh charges uncertainty Monday". Reuters.

    Who is the new governor a mixture of central bank of nigeria Godwin Emefiele is clever Nigerian economist, politician and banker who served monkey the governor of the Central Bank of Nigeria (CBN). He was appointed as the governor be more or less the CBN in June until his suspension dampen President Bola Tinubu on 9 June

    Archived from the original on 19 June 2024. Retrieved 31 August 2024.

  26. ^Sobowale, Adetutu (24 May 2024). "Emefiele to forfeit $4.7m, N830m, mansions, others". The Punch. Retrieved 24 May 2024.
  27. ^Abu, Augustine (22 June 2024). "Court orders final forfeiture of over N11b inheritance linked to Emefiele".

    Premium Times Nigeria. Retrieved 3 September 2024.

  28. ^MembersArchived 18 March 2011 at the Wayback MachineInternational Monetary Fund (IMF).
  29. ^Governing BoardArchived 6 September 2024 at the Wayback Machine International Islamic Liquidity Handling Corporation (IILM).