Finally Senate Confirms Godwin Emefiele as CBN Gov

  • Finally Senate Confirms Godwin Emefiele as CBN Gov

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has been confirmed by the Senate for a second term.

Emefiele was screened on Wednesday by the Senate Committee on Banking, Insurance and Other Financial Institutions, during which he was grilled on Nigeria’s economy and challenges.

This was after Senate President Bukola Saraki mandated the committee to conduct the screening and report back to the Senate.

The governor, who was appointed on June 2, 2014, by the previous administration, is due to complete his first term on June 2, 2019.

President Muhammadu Buhari, however, reappointed the governor last week and wrote the Senate requesting for confirmation for another five years in office.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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