Cardoso assumes office as Acting CBN Governor

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Abuja, Sept. 22, 2023 – Olayemi Cardoso, the recently nominated Governor of the Central Bank (CBN), has assumed office on Friday.

A statement by the CBN on Friday, said Cardoso assumed duty as the acting CBN governor pending his confirmation by the Senate.

The statement also said the deputy governors-designate also assumed office following the resignation of the previous deputies.

“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.

“Similarly, the Deputy-Governors-Designate have also assumed duty, in acting capacities, sequel to the formal resignation of Mr. Folashodun Shonubi, Mrs. Aishah Ahmad, Mr. Edward Adamu, and Dr. Kingsley Obiora as Deputy Governors of the CBN.”

The new deputy-governors-designate are Emem Usoro, Muhammad Abdullahi-Dattijo, Philip Ikeazor, and Bala Bello.

The statement said Cardoso and his colleagues had subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja on Friday. (GBN)

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