JUST IN: Cardoso Resumes Position as CBN confirms Emefiele’s resignation

Dr. Olayemi Cardoso, the candidate for governor of the Central Bank of Nigeria, official took office on Friday.

Cardoso took over as acting governor of the CBN while the Senate, which is currently on its annual recess, considers whether to confirm him, according to a statement by Dr. Isa AbdulMumin, the CBN’s director of corporate communications.

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