Nigeria's Olayemi Cardoso becomes acting central bank governor

Malaysia News News

Nigeria's Olayemi Cardoso becomes acting central bank governor
Malaysia Latest News,Malaysia Headlines
  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Olayemi Cardoso, recently nominated by Nigeria's President Bola Ahmed Tinubu to become the country's next central bank governor, took office on Friday pending his official confirmation by the Senate, the central bank said.

by Nigeria's President Bola Ahmed Tinubu to become the country's next central bank governor, took office on Friday pending his official confirmation by the Senate, the central bank said.

Cardoso takes office following the resignation of Godwin Emefiele, who was suspended and as central bank chief by Tinubu in June and later detained by police and charged with procurement fraud. Four new designated deputy governors also began work on Friday in an acting capacity after the resignation of Emefiele's deputies as well as Folashodun Shonubi, who acted as governor after Emefiele's suspension, the central bank said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ReutersAfrica /  🏆 31. in ZA

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria: Tinubu Rings Closing Bell At World's Second Largest Stock Exchange, Woos InvestorsNigeria: Tinubu Rings Closing Bell At World's Second Largest Stock Exchange, Woos InvestorsPresident Tinubu said Nigeria is Africa's greatest economy where investors can do business without fear.
Read more »

Nigeria: Tinubu Woos ExxonMobil Chief, Says Nigeria Is Ready for BusinessNigeria: Tinubu Woos ExxonMobil Chief, Says Nigeria Is Ready for BusinessPresident Bola Tinubu met with a delegation of global energy giant ExxonMobil, in New York, where he said, "Nigeria has never been more ready for business than it is now."
Read more »

Nigeria: Prioritising Maternal Nutrition in Nigeria - an Imperative for Brighter FuturesNigeria: Prioritising Maternal Nutrition in Nigeria - an Imperative for Brighter FuturesBlog - Editor's note: A healthy future starts with a healthy baby, and a healthy baby starts with a healthy mother. In this thought leadership piece, Olubunmi Oyebanji shares how we can create a brighter future for families by prioritising maternal nutrition.
Read more »

Nigeria: Tinubu Seeks UN Reforms, Says World Will Ignore Nigeria At Own PerilNigeria: Tinubu Seeks UN Reforms, Says World Will Ignore Nigeria At Own Peril"The poverty ravaging our continent and the question of security and counter-terrorism requires us to work in close and effective synergy. The world will ignore Nigeria at its own peril. If we engage in talkshops as real challenges wreak real havoc in real time, we will fail. The time to strike is now. The time to achieve real results is now."
Read more »

Nigeria: Cameroon-Nigeria Boundary Dispute - CDS Assures Reps Committee of Security SupportNigeria: Cameroon-Nigeria Boundary Dispute - CDS Assures Reps Committee of Security SupportThe Chief of Defence Staff, Gen Christopher Musa, has assured the House of Representatives ad hoc committee on the international boundary dispute between Nigeria and Cameroon of adequate security and logistics support in the discharge of its mandate.
Read more »

Africa Calls For Action on Climate, Investment at UN AssemblyAfrica Calls For Action on Climate, Investment at UN AssemblyAfrican leaders, including Zimbabwe's President Emmerson Mnangagwa, Nigeria's President Bola Tinubu and South Africa's President Cyril Ramaphosa are in the U.S. for the 78th United Nations General Assembly (UNGA) which is taking place from September 19 to September 26, 2023. In his first UNGA meeting as newly-elected leader of Nigeria, Tinubu called for "genuine partnership for Nigeria and Africa's development, rather than cosmetic gestures of the past". While Tanzania representative, Vice President Dr Philip Mpango and his delegation will represent his country at the sideline meetings on the environment, economy, health, water, democracy and Sustainable Development Goals. South Africa's President Cyril Ramaphosa urged the wealthier nations to honour their financial commitments toward developing nations' fight against climate change. He also told U.S. representatives that Africa is ready for new investment opportunities.
Read more »



Render Time: 2025-03-12 11:14:50