News

Tinubu Appoints Cardoso As New CBN Gov

Dr. Olayemi Michael Cardoso has been approved by President Bola Tinubu to be the new governor of the Central Bank of Nigeria (CBN).

Carsodoso will initially hold office for a term of five (5) years, pending confirmation by the Nigerian Senate, according to a press release issued by the presidential spokesperson, Ajuri Ngelale, on Friday evening.

 “This 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.

“Furthermore, President Bola Tinubu has approved the nomination of four new Deputy Governors of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending their confirmation by the Nigerian Senate,” he stated.

The new Deputy Governors include Mrs. Emem Nnana Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello. “In line with President Bola Tinubu’s Renewed Hope agenda, the President expects the above listed nominees to successfully implement critical reforms at the Central Bank of Nigeria, which will enhance the confidence of Nigerians and international partners in the restructuring of the Nigerian economy toward sustainable growth and prosperity for all,” Ngelale stated.

Gistlover reports that since the suspension of Mr Godwin Emefiele as the CBN governor in June, a deputy governor of the bank, Faloshodun Shonubi, has been the acting Governor of the apex bank.

Tags: Cardoso

Recent Posts

BREAKING: NYSC Summons Corps Member Over Viral TikTok Video Criticizing Tinubu

The National Youth Service Corps (NYSC) has summoned Ushie Rita Uguamaye, a corps member serving in Lagos State, following her… Read More

5 hours ago

Annie Idibia Reportedly Walks Out Of Rehab Amid Marriage Crisis With 2Baba

Nigerian actress Annie Idibia has reportedly left the rehabilitation center where she had sought refuge following the devastating collapse of… Read More

6 hours ago

“Asake my son has sorted my hospital bills and promised to buy me a house in Lagos Island” – Mr Odunsi, Confirms Reconciliation

Mr. Fatai Odunsi, father of popular Nigerian singer Asake, has revealed that the artist has promised to settle his hospital… Read More

6 hours ago

“I Supported Him Through School, spent all my money on him Only for Him to Leave Me” – Asake’s Babymama, Adijat Ajoke

Adijat Ajoke, the woman claiming to have an 11-year-old daughter, Zeenat, for Nigerian singer Ahmed Ololade, aka Asake, has finally… Read More

6 hours ago

Nigerian Medical Scientist Heartbroken as Fiancé Calls Off Wedding Over sudden ‘Genotype Change’

A Nigerian medical laboratory scientist, identified as Peace, has been left devastated after her fiancé abruptly canceled their wedding just… Read More

8 hours ago

“So, He Has a Wife and Children” – Beautiful Pictures of Actor Uzor Arukwe Family Surface Online

Nollywood actor Uzor Arukwe has been making waves with his standout performance in Omoni Oboli’s romantic drama, Love in Every… Read More

18 hours ago

This website uses cookies.