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Senate confirms Emefiele’s reappointment as CBN Governor

Over 273,000 MSMEs secure  N2.32trn loans using movable assets collateral-CBN

The Nigerian Senate has confirmed reappointment of Mr. Godwin Emefiele as Governor of the Central Bank Of Nigeria (CBN) for another five years.

The confirmation came on the heels of Emefiele’s nomination by President Muhammadu Buhari.

The senate confirmation which has been hailed in several quarters, came despite recent corruption allegations leveled against the CBN governor, saying the governor performed creditably in the first five years

,Emefiele was Wednesday, screened by the Senate Committee on Banking, Insurance and Other Financial Institutions following the request put forward by President Buhari asking the Senate to confirm Emefiele for a second term of five years.

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