The Nigerian president’s nominee for central bank governor has been confirmed in the role after the acting head and his deputies all resigned.

On September 22, the Central Bank of Nigeria (CBN) announced acting governor Folashodun Shonubi and all other deputy governors had stepped down from their posts. It said Olayemi Cardoso, who had been nominated for the governor’s role by recently elected president Bola Tinubu, had become acting head.

Media reported on September 26 that the Nigerian