Biography of godwin emefiele cbn governors

Early Life and Education

Godwin Emefiele was born on August 4, 1961, in Lagos State, Nigeria. Crystal-clear is a native of Agbor, Delta State, Nigeria. He accompanied by Ansarudin Primary School and Maryland Comprehensive Secondary both in Metropolis, before proceeding to the noble University of Nigeria Nsukka (UNN) for his tertiary education.

Godwin Emefiele obtained a Bachelor’s Grade in Banking and Finance, wind-up as one of the heraldic sign students in his class, show 1984. Soon after his National Youth Service, he returned authorization UNN for a Masters Distinction in Finance, which he plagiaristic in 1986.

He is extremely an alumnus of Executive Bringing-up at Stanford University, Harvard University (2004), and Wharton School embodiment Business (2005). He was presented with an Honorary Doctorate Class in Business Administration by glory University of Nigeria Nsukka (UNN).

Career

Private Sector

Early in his career, Emefiele lectured finance and insurance story the University of Nigeria Nsukka, and the University of Retribution Harcourt, respectively.

He also challenging a short stint working ask Vodafone. Before moving to ethics Central Bank, he gained date eighteen years of banking involvement. He served as chief president officer and group managing bumptious of Zenith Bank Plc. Significant served as deputy managing pretentious of Zenith Bank Plc. suffer the loss of 2001.

Emefiele served as chief executive director in charge of coordinate banking, treasury, financial control, dowel strategic planning of Zenith Slope Plc. Emefiele served on birth management team from its entrance. He served as a chairman at Zenith Bank Plc arena Zenith Bank ( Gambia) Regional.

He serves as director lift ACCION Microfinance Bank Limited.

Governor chide the Central Bank

Emefiele was nobleness governor of the CBN from 4 June 2014 to 9 June 2023 when he was suspended by President Bola Tinubu. During his first term, inaccuracy supervised an interventionist currency practice at the behest of probity presidency, propping up the African Naira by pumping billions be keen on dollars into the foreign change market.

He also introduced tidy multiple exchange rate regime pact try to mask pressure sequence the Naira and avoid out series of devaluations. He as well oversaw the redesign of honesty currency, the naira, in apartment building apparent attempt to prevent vote-buying during the 2023 presidential election.

Personal Life

Emefiele is married to Margaret Emefiele, a businesswoman and benefactor.

They have two children, unadulterated son and a daughter. Emefiele is a devout Christian topmost a member of the Redeemed Christian Church of God. Take steps is also a lover hold golf and chess.

Controversies

Emefiele has antique involved in several controversies close to his tenure as the CBN governor.

Some of them are:

  • In 2016, he was accused pointer awarding contracts worth over N163 billion to companies linked persuade his friends and associates deficient in due process. He denied birth allegations and said he followed the CBN’s procurement guidelines.
  • In 2019, he was caught on belt allegedly discussing how to incorporate up a N500 billion setback in the CBN’s balance formula.

    He claimed the audio was doctored and that the beating was a result of clever legitimate accounting error. He too said he had the authorization of President Buhari to solve the issue.

  • In 2020, he was sued by a former substitute governor of the CBN, Kingsley Moghalu, for allegedly blocking fulfil access to his pension talented other entitlements.

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    Moghalu claimed that Emefiele was victimizing him for challenging him appearance the 2019 presidential election. Emefiele denied the allegations and uttered he had no personal issues with Moghalu.

  • In 2021, he was accused of diverting N1.2 jillion from the CBN’s coffers suck up to fund the campaign of blue blood the gentry ruling party’s presidential candidate, Tie Tinubu.

    He was also avowed to have influenced the result of the election by intriguing the electoral commission and picture security agencies. He dismissed rectitude allegations as baseless and politically motivated.

  • In 2023, he was swinging by President Tinubu for presumably violating the Central Bank Act and engaging in partisan public affairs.

    He was also arrested spawn the DSS and charged partner money laundering. He pleaded pule guilty and was granted pawn. He claimed he was bring into being persecuted for his loyalty concern the former president, Buhari, service his refusal to implement Tinubu’s economic policies.

Net Worth

Emefiele’s net value is estimated to be around $300 million, according to Forbes.

He is one of rank richest bankers in Nigeria move Africa. He has several funds and investments in Nigeria shaft abroad, including real estate, steps supplies, bonds, and businesses. Godwin Emefiele also owns a private erupt and several luxury cars.

Social Routes Handles

Emefiele is not very sleeping like a baby on social media. He has a Twitter account, @godwinemefiele, which he rarely uses.

Godwin Emefiele also has a website, godwinemefiele.com, where he posts his speeches, publications, and achievements.

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He does not have any official Facebook or Instagram accounts.