CBN: Senate Confirms Five Nominees

Hamilton Nwosa
Writer

Ad

$4.5bn: Court Admits More Evidence Against Emefiele

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on October 9,2025, admitted more evidence against a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in an alleged $4.5bn fraud. Emefiele is standing trial on a 19-count charge bordering on receiving gratification and corrupt demand preferred against him by…

NEITI Warns of Deepening Transparency Crisis, Says Nigeria Lost $3.3bn to Oil theft, Sabotage

By Obinna Uballa Nigeria lost an estimated 13.5 million barrels of crude oil valued at $3.3 billion to theft and pipeline sabotage between 2023 and 2024, the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed. Executive Secretary of NEITI, Dr. Ogbonnaya Orji, disclosed this on Thursday at the 2025 Association of Energy Correspondents of Nigeria…

Oil Eases over 1.5% after Gaza ceasefire

Summary Israel and Hamas agree to Gaza ceasefire, return of hostages US oil product supplied highest since December 2022, EIA says Stalled peace talks in Ukraine underpin prices Oil prices edged slightly lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire in Gaza. Brent crude futures were…

Ad

The Senate confirmed five nominees of the Central Bank of Nigeria (CBN).

The nominees confirmed include: Aisha Ahmad and Edward Lametek — as Deputy Governors and Adeola Adenikinju, Aliyu Sanusi and Robert Asogwa, as members of the Monetary Policy Committee.

Speaking on the confirmation of the nominees, the President of the Senate, Dr. Abubakar Bukola Saraki said:

“We promised the country last week that within a week we would carry out this confirmation and we have done this. I thank you all for your cooperation. I thank the Executive for their continued cooperation.”

The Senate President also commended the two new CBN Deputy Governors Adamu and Ahmad, stating that Adamu’s nomination will encourage the staff of CBN who will see one of their own being promoted to Deputy Governor.

“Let me also commend and congratulate Mrs. Aishah Ahmad for her nomination to this very competitive role,” Saraki said, “The two new Deputy Governors of the CBN are coming at a time when the economy is a major issue. We have just come out of a recession and we need to continue with our economic growth and see the sustainability of the foreign exchange and other related challenges.

“We hope that the two new Deputy Governors will work with the Governor to move the country and our economy in the right direction. We hope also, that you all will continue to work closely with the National Assembly to update us on the progress that is achieved by the Central Bank,” the Senate President said.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp