The presidency has said that President Bola Tinubu has not asked Yemi Cardoso to resign from his position as the Governor of the Central Bank of Nigeria, CBN.

The Special Adviser to the President on Information and Strategy, Bayo Onanuga, said this in a statement, debunking reports that Tinubu ordered Cardoso’s resignation.

In a post via his official X handle on Tuesday, the presidential spokesman described the report as a bundle of lies

It’s all lies. President Tinubu has not asked Yemi Cardoso to resign,” Onanuga said.

The report had said that President Tinubu issued the directive to Cardoso before departing for China, despite efforts by influential Yoruba leaders to keep him in the position.

Recall that the CBN governor had come under criticism for his inability to address the ongoing economic challenges and stabilise the Naira