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