President Bola Tinubu has appointed Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN).
The nomination is for a term of five years at the first instance, pending his confirmation by the Senate.
A statement by his spokesman Chief Ajuri Ngelale explained the directive is in conformity with Section 8 (1) of the Central Bank of Nigeria Act, 2007, which vests in the President of the Federal Republic of Nigeria, the authority to appoint the Governor and Four (4) Deputy Governors for the Central Bank of Nigeria (CBN), subject to confirmation by the Senate of the Federal Republic of Nigeria.
READ: Forex Scarcity Persists As Naira Falls To N930/US$
Tinubu also approved the nomination of four new Deputy Governors of the Central Bank of Nigeria (CBN) for a term of five years at the first instance, pending their confirmation by the Senate.
The new Deputy Governors are:
(1) Mrs. Emem Nnana Usoro
(2) Mr. Muhammad Sani Abdullahi Dattijo
(3) Mr. Philip Ikeazor
(4) Dr. Bala M. Bello
Sodiq Yusuf is a trained media practitioner and journalist with considerable years of experience in print, broadcast, and digital journalism. His interests cover a wide range of causes in politics, governance, sports, community development, and good governance.
The Minister of Power, Adebayo Adelabu on Thursday, said only those who are not used…
A meeting of the Tripartite Committee on National Minimum Wage, NMW, was on Thursday shunned…
President Bola Tinubu on Thursday received President Bassirou Diomaye Faye of Senegal and called for…
A mechanic-turned-messenger, who works with Salvation Ministries, Henry Eremosele, has been surprised by the Presiding…
One of the founding member of the Peoples Democratic Party (PDP), Alhaji Shuaib Oyedokun has…
The management of Obafemi Awolowo University has sealed off the Iconic Amphitheatre following the unfortunate…
This website uses cookies.