Quote from Ndubuisi Ekekwe on May 16, 2019, 10:45 AM

It is official - the Nigerian Senate has confirmed CBN Governor Godwin Emefiele for another five years. Let's get the economy moving now, and create abundance in Nigeria.

The Senate has confirmed Godwin Emefiele as governor of the Central Bank of Nigeria for another term.

The confirmation follows his nomination by President Muhammadu Buhari last week.

Mr Buhari had written to the Senate on May 9 to inform them of his decision to reappoint Mr Emefiele.

The president, in the letter, said Mr Emefiele’s first term will expire on June 2 and sought confirmation of his reappointment, pursuant to the provisions of Section 81(2) of the CBN Act 2007.

He said the CBN governor’s reappointment will be for a second and final tenure of five years.