Connect with us

    Hi, what are you looking for?

    News

    Yemi Cardoso Assumes Duty as Acting CBN Governor

    Yemi Cardoso
    Yemi Cardoso

    Dr Olayemi Cardoso, on Friday, formally assumed duty as the acting Governor of the Central Bank of Nigeria (CBN).

    According to a statement by Isa AbdulMumin, CBN’s Director, Corporate Communications, Cardoso’s resumption in acting capacity is pending his confirmation by the Senate.

    “This follows the resignation of Mr. Godwin Emefiele as Governor of the CBN,

    “Similarly, the Deputy-Governors-designate have also assumed duty, in acting capacities.

    “This is sequel to the formal resignation of Mr Folashodun Shonubi, Mrs Aishah Ahmad, Mr Edward Adamu and Dr Kingsley Obiora as deputy governors.

    “Cardoso and his colleagues subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja,” AbdulMumin said.

    He said that they had since settled down to the task of administering monetary and financial sector policies of the Federal Government.

    The News Agency of Nigeria (NAN) reports that Cardoso was nominated by President Bola Tinubu as CBN governor on Sept. 15.

    Tinubu also nominated Emem Usoro, Abdullahi Dattijo, Philip Ikeazor and Bala Bello as deputy governors

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    Politics

    The South East Development Commission (SEDC) has defended its expenditure profile following concerns raised by the Senate Committee on South East Development Commission, insisting...

    News

    MTN Foundation has reaffirmed its commitment to tackling substance abuse among young Nigerians through stronger stakeholder collaboration, education, and community engagement as it convened...

    Opinion

    By Osasikemwen Ighile, Brand Manager, FairMoney Microfinance Bank In today’s volatile economic climate, saving money is no longer just a prudent habit—it is a...

    News

    Leading financial institution, Fidelity Bank Plc, has reaffirmed its commitment to advancing the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSMEs), positioning...