Senate Confirms CBN Governor’s Reappointment For 2nd Ternure

The Senate has confirmed Mr Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for a second term of five years.

This followed the adoption of the report of the Senate Committee on Banking, Insurance and other Financial Institutions presented by Senator Rafiu Adebayo during Thursday’s plenary.

In his remarks, the Senate President, Dr Bukola Saraki, urged the CBN governor to use his second term to improve Nigeria’s economy.

Emefiele’s reappointment came one day after the Senate Committee cleared him during a screening session where he was and asked some questions relating to the nation’s economy.