• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, June 6, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Four directors of CBN confirmed by senate

Directors

The Matters Press by The Matters Press
February 29, 2024
Reading Time: 2 mins read
0
Consumer commission, CBN, EFCC investigate violations in money lending

Abuja, Feb. 29, 2024:The Senate has confirmed four persons for appointment as Board of Directors of the Central Bank of Nigeria (CBN) out of the five nominated by President Bola Tinubu.

RELATED POSTS

Nigeria’s 3MTT gets boost as EU, World Bank back initiative

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

FCT ground rent!: Check your name if you own property

Their confirmation, followed adoption of screening report of the Committee on Banking, Insurance and Other Financial Institutions at the Committee of the Whole on Thursday.

The report was presented by Chairman of the committee, Sen. Abiru Adetounboi (APC Lagos).

The four persons confirmed as Directors of Board of CBN include: Mr. Robert Agbede, Mr. Ado Wanka, Prof. Murtala Sagagi and Mrs. Muslimat Olanike

Earlier, Adetokunbo, while presenting the report, said four out of the five persons nominated appeared for the secreening.

He said the nominations was in accordance with the provisions of section 6 1 and 2 (d) and 10 of to the Central Bank of Nigerian Act 2007.

He said four of the nominees appeared before the committee for secrening, saying that Mr .Urum Eke one of the nominee do not appear.

Adetokunbo said the nominees, who appeared demonstrated a good knowledge and understanding of the intricacies of the economy .

He said that findings of the committee, after the screening exercise indicates that the appointment was in accordance with the provisions of the section six of the CBN Act 2007.

He said the recommendation of the nominees was in tandem with provision of section 10 of the act, which required that the President in appointing the nominees shall have due regard to four representation on the financial, agriculture Industrial, commercial interests and principle of Federal Character

He said the nominees performance during secrening was indicative of their qualifications, suitability and responsibilities associated with the board of Directors of CBN.

He said the nominees posse the knowledge, expertise and professional experiences to be members of board of CBN, saying that the committee did not receive any pertition against their nomination.

He said the nominees had been cleared by the Nigerian Police Force , DSS and posses the Code of Conduct acknowledgement slips.

He, therefore, urged the Senate to confirm their nomination.

He said the committee could not recommend to Senate the confirmation of Eke, given his non appearance for the screening.

Speaking on Eke”s non appearance for screening, Sen.Orji Uzor Kalu(APC- Abia) noted that Eke is his constituents.

Kalu said Eke had told him, that there could be a conflict between the job he is currently handling and seating in the CBN board as he is a consultant to the World Bank and other business, both government and private.

He said Eke had informed the CBN governor that he might be declining the offer to seat at CBN board, hence he was not present at the screening.

Kalu, said he was in support of the four other nominees as they were credibility nominees and the CBN needs their input at this time.

Tags: Directors
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
Economy/Technology

Nigeria’s 3MTT gets boost as EU, World Bank back initiative

June 6, 2025
Energy

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

June 4, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

FCT ground rent!: Check your name if you own property

June 3, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
Next Post
Nigeria, China strategic partnership key to Africa’s development – Shettima

Nigeria moves to tap into $350b global outsource market

Edo unveils plans for investment desks

U.S. proud to be one of largest foreign investors in Nigeria

Recommended Stories

Poverty in West Africa increases by 3%

2024 holds renewed vigour in poverty alleviation

January 2, 2024
Revealed: Reals reason UK shut Nigerian-owned Church

Revealed: Reals reason UK shut Nigerian-owned Church

June 18, 2022
CIIN president tasks Insurance directors on manpower development

Insurance industry generates N532bn premium in Q3

December 20, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria’s 3MTT gets boost as EU, World Bank back initiative
  • PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF
  • FCT ground rent!: Check your name if you own property

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us