Finance

CBN Deputy Governor: Kingsley Obiora’s Name Forwards to Senate

  • CBN Deputy Governor: Kingsley Obiora’s Name Forwards to Senate

President Muhammadu Buhari has forwarded the name of Dr. Kingsley Obiora to the Senate for confirmation as the new Deputy Governor of the Central Bank of Nigeria.

In a statement released by the State House on Thursday and signed by the special adviser, President, Femi Adesina, President Muhammadu Buhari said the nomination is in accordance with the apex bank establishment Act of 2007.

The statement reads, “President Muhammadu Buhari has sent the name of Dr Kingsley Obiora to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria.

“In a letter to the President of the Senate, Ahmad Lawan, President Buhari said the nomination was in accordance with the provision of Section 8(1) (2) of the Central Bank of Nigeria (Establishment) Act 2007.

“Obiora, upon confirmation by the Senate, replaces Dr Joseph Nnanna, who retires on February 2, 2020.”

It further stated, “Obiora holds a Bachelor’s degree in Economics and Statistics from the University of Benin, a Master’s in Economics from the University of Ibadan, and a Doctorate in Monetary and International Economics, also from the University of Ibadan.

“He is currently an Alternate Executive Director in the International Monetary Fund in Washington DC, United States of America.”

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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