By Dipo Olowookere
News just reaching Business Post from the upper chamber of the National Assembly in Abuja has it that Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has been confirmed for another term of five years in office.
This followed his screening yesterday by the Senate Committee on Banking, Insurance and other Financial Institutions.
At the plenary on Thursday morning, Chairman of the Committee, Mr Rafiu Ibrahim, presented his report to the Senate, which was thereafter adopted by the lawmakers and Mr Emefiele given the go-ahead to remain in office as the nation’s chief bank for the next five years.
Last Thursday, the upper parliament read the letter of nomination of Mr Emefiele for the position sent by President Muhammadu Buhari.
more recommended stories
Naira Slightly Gains Against USD at I&E Window
By Adedapo Adesanya At the end.
One-Month Treasury Yield Falls to 8.99%
By Dipo Olowookere The secondary market.
Nigeria’s Eurobonds Debt Rises to $10.9bn from $1.5bn in 2015
By Adedapo Adesanya Nigeria’s external debt.
LCCI to CBN: Cash Reserve Ratio of 22.5% too High
By Adedapo Adesanya The Lagos Chamber.
Nigerian Stocks Regain Freedom After 7-Day Hostage, up 0.20%
By Dipo Olowookere After being in.
Africa Prudential Grows Net Profit to N1bn in Six Months
By Dipo Olowookere Leading share registration.
Cadbury Nigeria Bounces Back to Profitability, Posts N669.9m PAT
By Dipo Olowookere The appointment of.
Nigeria to Sell Fresh N145bn Bonds Next Wednesday
By Adedapo Adesanya The Federal Government.