Cardoso, Others assume office as CBN Governor, deputies

Cardoso, Others assume office as CBN Governor, deputies

The nominee for the position of governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, officially assumed office on Friday.

According to a statement by Dr. Isa AbdulMumin, the Director, Corporate Communications at the CBN, Cardoso assumed duty as the acting CBN governor pending confirmation by the Senate, who are currently on their annual recess.

It was also noted that the deputy governor-designates have assumed office following the resignation of the previous deputies.

The statement read, “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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