Emefiele resigned as CBN governor in August – Report

Marcus Amudipe
Marcus Amudipe


A report published by Renters has indicated that suspended Governor of the Central Bank of Nigeria, Godwin Emefiele, resigned from his position in August.

This paves way for the nomination of Mr. Yemi Cardoso as the new apex bank head.

Am Business reported that President Bola Tinubu on Friday named Cardoso the new governor of the CBN.

Emefiele was suspended as central bank chief by President Bola Tinubu in June and later detained by state police and charged with procurement fraud.

According to Reuters, the central bank did not provide a response to their inquiry regarding the simultaneous resignation of Emefiele and his deputy governors.

Also presidential spokesperson, Ngelale refrained from providing a statement in response to inquiries regarding Emefiele’s resignation.

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