Cardoso assumes office as CBN Governor

Dr Olayemi Cardoso, on Friday, September 22, 2023, formally assumed duty as the Governor of the Central Bank of Nigeria (CBN).

The CBN Director, Corporate Communications, Isa AbdulMumin, who made this known in a statement on Friday, said Cardoso assumed office in acting capacity pending his confirmation by the Senate.

AbdulMumin stated: “Dr. Olayemi Michael Cardoso, recently nominated by President Bola Ahmed Tinubu, has on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the Central Bank of Nigeria, pending his confirmation by the Senate.

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

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“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 of the CBN.

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

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

Cardoso was nominated by President Tinubu as CBN Governor on September 15, 2023.

Tinubu also nominated Emem Usoro, Abdullahi Dattijo, Philip Ikeazor, and Bala Bello as CBN Deputy Governors.

The Star