Senate endorse Godwin Emefiele as new CBN Governor

The Nigerian Senate on Wednesday confirmed former
Managing Director of Zenith Bank Plc, Mr. Godwin
Emefiele as the new Governor of the Central bank of
Nigeria (CBN).
President Goodluck Jonathan nominated Emefiele to the
Senate on February 20th 2014, the same day he ousted then
Governor, Mallam Sanusi Lamido Sanusi on allegations of
financial reckless and misconduct.
Confirming the president’s nominee, President of the Senate,
David Mark expressed assurance that Emefiele would lead
the bank “without fear or favour”.
Emefiele will take over the reins of CBN from Dr. Sarah
Alade, the most senior deputy governor at the bank who has
been Governor in acting capacity since Sanusi’s suspension.

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