Wednesday, June 25, 2025
Home Uncategorized PRESIDENT TINUBU NOMINATES NEW CBN GOVERNOR AND MANAGEMENT TEAM FOR SENATE SCREENING...

PRESIDENT TINUBU NOMINATES NEW CBN GOVERNOR AND MANAGEMENT TEAM FOR SENATE SCREENING AND CONFIRMATION

President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate.

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, as listed below:

(1) Mrs. Emem Nnana Usoro

(2) Mr. Muhammad Sani Abdullahi Dattijo

(3) Mr. Philip Ikeazor

(4) 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.

RELATED ARTICLES

NIES 2025: NNPC LTD LEADING THE CHARGE TOWARDS AFRICA’S GAS INFRASTRUCTURE EXPANSION—KYARI .

. The Group Chief Executive Officer of NNPC Ltd, Mele Kyari says,  the world recognizes Africa as the next destination of providing greater support to...

WARNS OFFICERS AGAINST GROSS VIOLATION OF RIGHTS, POLICE MISCONDUCT.

The Inspector-General of Police Kayode Egbetokun has issued a stern warning to all officers regarding serious breaches of Human Rights, emphasizing the duty of...

NNPC Ltd/First E&P JV ACHIEVES 96% REDUCTION IN ROUTINE GAS FLARING

The NNPC Ltd and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) says it  has achieved 96% reduction in routine...

Most Popular

GENERAL NAFIU COUNSELS CORPS MEMBERS ON SAVINGS, INVESTMENT, PEACEFUL CO-EXISTENCE

  The Director General of National Youth Service Corps, Brigadier General Olakunle Nafiu has advised Corps Members to be prudent in their spendings and also...

BOI UNVEILS SUSTAINABLE FINANCE FRAMEWORK FOR INCLUSIVE GROWTH.

The Bank of Industry has announced the launch of its Sustainable Finance Framework to drive inclusive and climate-resilient growth in Nigeria. In a statement the...

ECONOMIC GROWTH: FINANCE MINISTER ASSURES ON INCREASED INVESTMENT.

  The Honorable Minister of Finance and coordinating minister of the economy Wale Edun says the ministry is at its third phase to achieve a...

GLOBAL OIL PRICE MAY SURGE PAST $150 PER BARREL AS IRAN’S PARLIAMENT APPROVES CLOSURE OF STRAIT OF HORMUZ .

  Iran’s parliament has approved the closure of the strategically crucial Strait of Hormuz, a vital waterway for global oil shipments, in a significant escalation...

Recent Comments