On Friday, Dr. Olayemi Cardoso officially took over as acting governor of the Central Bank of Nigeria (CBN).
Cardoso’s reinstatement in an acting capacity is pending the Senate’s ratification, according to a statement by Isa AbdulMumin, Director of Corporate Communications for CBN.
This comes after Mr. Godwin Emefiele’s departure as CBN Governor.
The designated Deputy Governors have also begun their duties in an acting capacity.
This follows Mr. Folashodun Shonubi’s formal resignation as deputy governor, along with that of Mrs. Aishah Ahmad, Mr. Edward Adamu, and Dr. Kingsley Obiora.
At a brief ceremony held at the Bank’s headquarters in Abuja, Cardoso and his coworkers “subscribed to the relevant oaths of office,” according to AbdulMumin.
He said that they had since settled down to the task of administering monetary and financial sector policies of the Federal Government.
According to reports, that Cardoso was nominated by President Bola Tinubu as CBN governor on Sept. 15.
Tinubu also nominated Emem Usoro, Abdullahi Dattijo, Philip Ikeazor and Bala Bello as deputy governors