Metro Emefiele Takes Charge as New CBN gov ...As Sanusi’s Tenure Officially Ends -Nigerian Tribune

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The New Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, is expected to take charge of the apex regulatory institution today, Monday June 2, 2014. He replaces Mallam Sanusi Lamido Sanusi, who was on February 20 suspended by President Goodluck Jonathan.

Emefiele’s name was immediately forwarded by the president as replacement, putting to rest the battle for the coveted seat over the past several months among the President’s men.

The New Governor’s primary objective will be to ensure the gains in price and exchange rate stability are preserved and, therefore, maintain the previous regime’s tightening stance.

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Source: Nigerian Tribune

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