Emefiele resumes duty ahead of monetary policy committee meeting

Godwin Emefiele, governor of Central Bank of Nigeria (CBN) has resumed duty after his annual vacation abroad, the apex bank has announced.

This was made known in a statement signed by Osita Nwanisobi, director, corporate communications department of the bank

He resumed ahead of the first Monetary Policy Committee (MPC) meeting scheduled to hold on next week, January 23, 2023.

Emefiele’s resumption has cleared the air and questions regarding his whereabouts after the Department of State Services (DSS), attempted to arrest him over charges of terrorism financing and economic crimes, but were stopped by The Federal Capital Territory (FCT) High Court.

The CBN governor, who proceeded on leave in December 2022, resumed work today, Monday, January 16, 2023. He resumed with renewed vigour to perform his duty ahead of the first Monetary Policy Committee (MPC) meeting of the year scheduled for January 23 to 24, 2023.

“Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari,” Nwanisobi said in the statement.

“While thanking the public for keeping faith with the Bank, we urge Nigerians to continue to support the policies of the Bank aimed at ensuring a stable financial system and the Nigerian economy in general.”

Hope Moses-Ashike

Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks. She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings. Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.