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Cardoso

Cardoso

Senate to screen CBN governor Cardoso today

 

The Senate has set Tuesday, September 26th for the screening of Dr. Olayemi Cardoso for possible confirmation as Governor of the Central Bank of Nigeria (CBN).

This was disclosed via a statement from the media office of the Senate Majority Leader, Senator Michael Opeyemi Bamidele.

The Senate will also screen the four nominees for the positions of CBN Deputy Governors, who upon confirmation with Dr. Olayemi Cardoso would head the apex bank for the next five years.

The Central Bank of Nigeria had on Friday, September 22, announced that Dr. Olayemi Cardoso assumed duty as Acting Governor of the apex.

This was on the back of the resignation of Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN).

Similarly, the Deputy-Governors designate had also assumed duty, in acting capacities, following the formal resignations of Mr. Folashodun Shonubi, Mrs. Aishah Ahmad, Mr. Edward Lametek Adamu, and Dr. Kingsley Obiora as Deputy Governors of the CBN.

The Central Bank of Nigeria had announced the postponement of its highly anticipated 293rd Monetary Policy Committee (MPC) meeting, originally scheduled for Monday and Tuesday, September 25 and 26, 2023.

While the CBN did not reveal the specific reason(s) behind the postponement, it is believed that the apex bank’s decision could be connected to the recent announcement of new leadership of the bank.