Update: Jonathan Nominates Zenith Bank MD As CBN Governor

Posted by African Examiner Business News, Featured, Latest Headlines Thursday, February 20th, 2014

By Muyiwa Bamidele, Abuja

President Goodluck Jonathan has sent the name of Godwin Emeifele to the Senate to be confirmed as the substantive Governor of the Central Bank of Nigeria (CBN)

Godwin Emeifele

In a letter read on the floor of the senate, President Jonathan told the senate that the tenure of the suspended CBN governor will expire on June 1, 2014 and asked the senate to confirm Mr Emefele as his replacement.

The nominee is the current Managing Director of Zenith Bank of Nigeria. He will replace Sanusi Lamido Sanusi as the Governor of the Central Bank of Nigeria.

Also, President Jonathan sent the name of Adebayo Adelabu for confirmation as the deputy Governor of the Central Bank of Nigeria.

Mr Adelabu is currently an Executive Director of the First Bank of Nigeria.