Economics

Nigeria’s Buhari Nominates Emefiele for Second Term as Bank Governor

Emefiele is first governor to have term renewed since 1999
Appointment’s subject to the approval of the Nigerian Senate

Godwin Emefiele, governor of Nigeria's central bank.
Photographer: Chris J. Ratcliffe/Bloomberg

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By Emele Onu and Tope Alake

May 9, 2019 at 2:06 PM UTC

Updated on

May 10, 2019 at 8:51 AM UTC

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Nigeria’s President Muhammadu Buhari nominated central bank Governor Godwin Emefiele for a second five-year term, making him the first monetary-policy chief to have his contract renewed since the end of military rule two decades ago.