GEJ appoints new CBN president

President Jonathan has picked the
current Managing Director of Zenith Bank
Godwin Emefiele to replace Sanusi
Lamido Sanusi as the new Governor of
the Central Bank of Nigeria. His name
has been forwarded to the Senate for
confirmation.
Bayo Adelabu, the current Executive
Director at First Bank as Deputy Governor
of CBN, replacing Tunde Lemo.
Sanusi was removed just a few months
to the end of his tenure. His tenure was
supposed to end in June 2014. Sanusi
said he will challenge the decision to
suspend him but will not go back to the
job.