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Reading: DSS Confirms: Suspended CBN Governor Emefiele in Custody
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Nigeria

DSS Confirms: Suspended CBN Governor Emefiele in Custody

The Department of State Services (DSS) has officially announced that Godwin Emefiele , the suspended Governor of the Central Bank of Nigeri...

Chima Joseph Ugo
Chima Joseph Ugo - Editor-in-chief June 10, 2023
Updated June 10, 2023 at 1:52 PM
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DSS Confirms: Suspended CBN Governor Emefiele in Custody
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DSS Confirms: Suspended CBN Governor Emefiele in Custody
The Department of State Services (DSS) has officially announced that Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN), is indeed in their custody. 

This confirmation comes after the agency initially denied having him in their custody, which sparked mixed reactions. In a statement issued on Saturday, Peter Afunanya, the spokesperson of the DSS, confirmed Emefiele's detention.

"The Department of State Services (DSS) hereby confirms that Mr Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN), is now in its custody for some investigative reasons," Afunanya stated.

He also urged the public, particularly the media, to exercise utmost caution in reporting and discussing the matter.

The revelation of Emefiele's detention by the DSS has raised questions and speculation about the nature of the investigation and the reasons behind his suspension. 

The CBN governor's suspension was previously announced by President Bola Tinubu, who cited ongoing investigations into his office and planned reforms in the financial sector as the basis for the decision.

The news of Emefiele's custody has attracted significant attention, given his prominent role in Nigeria's financial system. As the head of the CBN, he held significant influence over monetary policy, foreign exchange markets, and the overall stability of the country's economy.

The DSS's confirmation of Emefiele's detention has added another layer of complexity to the situation, leaving many wondering about the potential implications for the country's financial sector. 

The specifics of the investigation and the length of Emefiele's detention remain undisclosed, leaving room for speculation and anticipation regarding the outcome.

As the story unfolds, it is expected that more details will emerge regarding the circumstances surrounding Emefiele's detention and the nature of the investigative reasons mentioned by the DSS. Until then, the public and media are urged to approach the issue with caution and refrain from spreading unverified information.

Further updates on the situation will be provided as they become available.

Tags: Nigeria

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