Tinubu nominates Olayemi Cardoso as new Governor CBN, names 4 Deputies

Chief Ajuri Ngelale, Special Adviser to the President (Media & Publicity) disclosed this in a statement Friday.

According to Ngelale, “This directive is in conformity with Section 8 (1) of the Central Bank of Nigeria Act, 2007, which vests in the President of the Federal Republic of Nigeria, the authority to appoint the Governor and Four (4) Deputy Governors for the Central Bank of Nigeria (CBN), subject to confirmation by the Senate of the Federal Republic of Nigeria.”