Breaking:  CBN Deputy Governor Kingsley Obiora arrested by DSS

CBN Deputy Governor Kingsley Obiora arrested by DSS. Kingsley Obiora, the deputy governor of the Central Bank of Nigeria (CBN) in charge of economic policy, is purportedly being held by the Department of State Services (DSS). According to a person acquainted with the arrest, he was targeted as a key witness against his employer.

Another top CBN officer, Abbas Masanawa, was recently detained and is being kept in jail while investigators investigate the extent of Emefiele’s suspected misconduct.

The publication did not promptly hear back from the SSS and CBN about Obiora’s detention, which officials said was not entirely unexpected given his knowledge of CBN’s policy decisions.

Obiora, born March 6, 1976, was a policy chief at the International Monetary Fund and advised former finance minister Ngozi Okonjo-Iweala. He was also an adviser to Emefiele until March 2, 2020, when he was confirmed to his current position as one of CBN’s four deputy governors.

Recall that Emefiele, who was first appointed as CBN governor in June 2014, has been in SSS since June 10, 2023, a day after he was controversially removed from office by President Bola Tinubu.

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