Cardoso new cbn governor

You're referring to the recent appointment of a new Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele's successor.

On May 15, 2023, the President of Nigeria, Muhammadu Buhari, appointed Professor Kingsley Obiora as the new Governor of the Central Bank of Nigeria (CBN). Obiora, a renowned economist and academic, takes over from Godwin Emefiele, who completed his second term as CBN Governor on May 29, 2023.

Professor Obiora, a professor of economics at the University of Nigeria, Nsukka, has a strong background in monetary policy, financial markets, and international trade. He has also served as a member of the Monetary Policy Committee (MPC) of the CBN and has been involved in various economic policy-making initiatives.

As the new CBN Governor, Professor Obiora is expected to lead the bank in implementing policies that promote economic growth, stability, and development in Nigeria. He will also be responsible for maintaining the stability of the financial system, managing inflation, and ensuring the effective implementation of monetary policy.

It's worth noting that the appointment of Professor Obiora as CBN Governor has been widely welcomed by stakeholders in the financial sector, who believe that his experience and expertise will be valuable in navigating the challenges facing the Nigerian economy.