Nigerian president nominates new governor after Emefiele resigns

The Central Bank of Nigeria

Nigerian president Bola Tinubu nominated a new central bank governor on September 15, as the previous incumbent apparently resigned while under security service arrest.

Tinubu is nominating Olayemi Michael Cardoso, a banking executive and former civil servant, who worked with the president when he was a regional governor. On September 17, Reuters reported Godwin Emefiele had resigned as governor the previous month, clearing the way for a new appointment.

Tinubu became president in May, and the

by :

Source link

Capital Media

Read Previous

Oil climbs with tight supply back in focus By Reuters

Read Next

Asian shares fall after brutal central bank week, yen under spotlight By Reuters