Headline

Meet New Acting CBN Governor Shonubi Following Emefiele’s Suspension

Checks by NewsOnline Nigeria on CBN’s website shows Mr. Folashodun Adebisi Shonubi (Board Member) is the Deputy Governor (Operations Directorate).

Advertisement
Advertisement

Meet the new Acting CBN Governor Shonubi following Emefiele’s suspension by President Tinubu.

 

NewsOnline has earlier reported that President Bola Tinubu has suspended Godwin Emefiele as the Governor of the Central Bank of Nigeria (CBN).

 

The Office of the Secretary to the Government of the Federation announced his suspension.

 

Director of Information, SGF office, Willie Bassey, in a statement on Friday, said the suspension is with immediate effect.

 

ALSO: States, Individuals Can Now Generate Power As Tinubu Signs Electricity Bill Into Law

 

The suspended Emefiele was directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate).

 

Checks by NewsOnline Nigeria on CBN’s website shows Mr. Folashodun Adebisi Shonubi (Board Member) is the Deputy Governor (Operations Directorate).

 

Shonubi will act as the Central Bank Governor according to director of information, SGF office. He has been serving since October 17, 2018 – to date.

 

Shonubi holds double Masters Degree respectively in Business Administration and Mechanical Engineering, from University of Lagos.

 

He is a banker with over 30 years professional experience.

Prior to his appointment as Deputy Governor in the Central Bank of Nigeria, he was the Managing Director/CEO in the Nigeria Inter-Bank Settlement System PLC from 2012 – 2018.

 

Prior to his appointment as the Managing Director NIBSS PLC, Mr. Shonubi was Executive Director, Information Technology and Operations at Union Bank of Nigeria Plc; a member of the Board of Union Homes and Director, Information Technology and Corporate Services in Renaissance Securities Nigeria limited, with responsibility for the Group’ s IT infrastructure in Africa.

 

Between 1999 and 2007, he worked in MBC International as Deputy General Manager and supervised their IT operational platforms, served in First City Monument Bank Limited as Vice President and in Ecobank Nigeria Limited as Executive Director.

 

Shonubi also had a stint with Citibank Nigeria Limited as its Head, Treasury Operations (1990-1993).

He has served on a number of sub-committees of the Bankers’Committee, including the Ethics and Professionalism sub-committee.

Advertisement
NewsOnline Nigeria

Recent Posts

  • Top Stories

FG To Renovate Tinubu, Shettima’s Official Quarters With ₦6.36 Billion In 2025

FG is set to renovate Tinubu and Shettima’s Official Quarters With ₦6.36 billion in 2025.…

5 hours ago
  • Top Stories

FG Budgets ₦27 Billion For Buhari, Jonathan, Others’ Entitlements In 2025

FG has budgeted ₦27 billion for Buhari and Jonathan among others’ entitlements in 2025.  …

5 hours ago
  • Crime Watch

Outrage As Over 100 Nigerians Scrambling For Food Die In Abuja, Anambra Stampede

Nigerians scrambling for food died in Abuja and Anambra stampede.   NewsOnline Nigeria reports that…

6 hours ago
  • Economy And Business

BREAKING: President Tinubu Under Fire Over Worsening Hunger Crisis In Nigeria

President Tinubu has come under fire over the worsening hunger crisis in Nigeria leading to…

6 hours ago
  • Featured

Open Heaven 22 December 2024 RCCG Daily Devotional

Open Heaven 22 December 2024 RCCG Daily Devotional can be accessed below.   NewsOnline Nigeria…

6 hours ago
  • Exchange Rates

Black Market Dollar To Naira Exchange Rate In Lagos, FCT, 22 December 2024

Black Market Dollar To Naira Exchange Rate in Lagos and FCT today, 22 December 2024.…

6 hours ago