JUST IN: Buhari returns Emefiele as CBN governor

President Muhammadu Buhari has nominated governor of the Central Bank of Nigeria (CBN), Godwin Emefiele for a second term in office.

A letter for the tenure renewal was signed by Buhari on Wednesday and has now been sent to the senate for confirmation.

The CBN Act stipulates that the senate must confirm the nomination of any of its governor before it can take effect.

This is the first time…

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