Senate Confirms Zenith MD New CBN Governor

The Nigerian Senate has confirmed the appointment of Mr Godwin Emefiele, a career banker, as the new CBN Governor.

Emefiele, thus, replaced the former Governor, Mallam Sanusi Lamido, who was suspended from office by President Goodluck Jonathan, allegedly for blowing the whistle on missing US$20 billion crude oil fund not remitted to the nation’s account by the Nigeria National Petroleum Corporation (NNPC).

Emefule until this recent appointment was the Group Managing Director and Chief Executive Officer (GMD/CEO) of one of Nigeria’s strongest bank, Zenith Bank plc.

Details later.

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