BREAKING: President Buhari reappoints Godwin Emefiele for a second term as CBN Governor

President Muhammadu Buhari has reappointed Godwin Emefiele as Governor of the Central Bank of Nigeria.

The President has written to the Senate to seek legislative approval for another tenure for Emefiele, whose tenure empires on June 2, 2019.

President of the Senate, Bukola Saraki, read the letter on the floor shortly before the plenary was adjourned.

If his nomination is approved by the senate, Emefiele’s five-year tenure will end in 2024 after a new president is elected in 2023.