President Bola Tinubu has put forward the nomination of Dr. Yemi Cardoso to assume the role of Governor at the Central Bank of Nigeria (CBN) for an initial term of five years, pending confirmation by the Nigerian Senate.

This decision aligns with Section 8 (1) of the Central Bank of Nigeria Act, 2007, which grants the President of Nigeria the authority to appoint the CBN Governor and four Deputy Governors, subject to Senate confirmation.

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President Tinubu has approved the nominations of four Deputy Governors for the CBN, also for an initial term of five years, awaiting Senate confirmation.

The nominated Deputy Governors are:

1. Mrs. Emem Nnana Usoro
2. Mr. Muhammad Sani Abdullahi Dattijo
3. Mr. Philip Ikeazor
4. Dr. Bala M. Bello