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Tinubu Nominates Cardoso as CBN Governor

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President Bola Tinubu has nominated Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN). 

A statement on Friday by the Special Adviser to the President, Ajuri Ngelale, revealed that the nomination is "for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate."

The "directive is in conformity with Section 8 (1) of the Central Bank of Nigeria Act, 2007," the statement reads.

The president also nominated four new Deputy Governors of the CBN for a term of five (5) years pending their confirmation by the Senate.

Those nominated include: Emem Nnana Usoro, Muhammad Sani Abdullahi Dattijo, Philip Ikeazor and Bala M. Bello


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