Zenith bank boss Godwin Emefelie was on the 26th of March confirmed as the new CBN governor by the senate. The senate approved the appointment after his appearance before lawmakers that was broadcast live on television.
According to senate president David Mark "Emefiele will ensure the prerequisite responsibilities of the central bank governor without fear or favour."
Godwin Emefelie will be replacing Sanusi who was suspended by President Goodluck Jonathan on February 20 days after he had accused the state oil company of embezzling $20 billion (14.5 billion euros) of public funds.
The new CBN governor has over 18years banking experience. He holds a B.Sc Degree and an MBA Degree in Finance, both from the University of Nigeria, Nsukka.
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