In the extreme case of Nigeria external payments arrears developed under discredited former governor Godwin Emefiele and the accelerated weakening of the naira exchange rate has not generated the inflows to transform forex liquidity (Dispatches 13/6/23 Bonds strengthen and sharp devaluation looms after Tinubu suspends central bank governor & Vol 64 No 21 Chasing the greenback)...

These included Cardoso as Central Bank of Nigeria (CBN) governor and the deputy governors Emem Nnana Usoro Muhammad Sani Abdullahi Dattijo Philip Ikeazor and Dala Bello replacing Governor Godwin Emefiele and his four deputies all ejected by Tinubu (AC Vol 64 No 19 Cash crunch tests Tinubu's top finance team)...

Tinubu appointed Folashodun Shonubi as acting Governor of the Central Bank of Nigeria following the suspension and detention of Godwin Emefiele and has now appointed Olayemi Cardoso as Governor (AC Vol 64 No 12 When – not if – Emefiele leaves the bank)...

That is under way with Tinubu's appointment of Jim Obazee who brings a reputation for ruthlessness to investigate the operations of the central bank under the previous governor Godwin Emefiele who was suspended on 9 July and was then arrested by State Security Service (SSS) agents (Dispatches 8/8/23 Tinubu orders forensic audit of central bank and civil service payroll)...

After the suspension of Godwin Emefiele governor of the Central Bank of Nigeria (CBN) and his subsequent arrest the bank published its audited financial accounts for seven years up to 2022 (Dispatches 13/6/23 Bonds strengthen and sharp devaluation looms after Tinubu suspends central bank governor)...

This has quashed speculation that Tinubu might appoint Edun as governor of the central bank once the suspended governor Godwin Emefiele is pressured to resign in the face of multiple criminal charges of varying degrees of credibility (AC Vol 64 No 12 Tinubu tries shock therapy on sluggish economy)...

Making clear his position on Central Bank of Nigeria Governor Godwin Emefiele's future President Bola Tinubu announced the bank needed 'house-cleaning' in his inaugural speech on 29 May...

The central bank governor Godwin Emefiele is short of friends due to the farce around the new naira banknotes his own political manoeuvring last year and his arcane foreign exchange policies...