Senate Advances Bill to Keep CBN Governors out of Partisan Politics and Prohibit Use of Foreign Currency in Local Transactions
Two bills related to the Central Bank of Nigeria (CBN) have passed the second reading in the Nigerian Senate. These bills aim to prohibit a serving Governor of the CBN from participating in partisan politics and seek to reposition the bank for greater efficiency. The move comes after the immediate past CBN governor, Godwin Emefiele,…