Buhari Appoints New CBN Governor. But The Matter Doesn’t End There

President Muhammadu Buhari has given approval to the nomination of Mr. Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria. But the matter has not ended there: the nomination is subject to Senate confirmation.

The President’s Senior Special Assistant on Media and Publicity, Garba Shehu, revealed said in a statement, that Adebisi ­Shonubi is currently the Managing Director of the Nigeria Inter-Bank Settlement System Plc (NIBSS) the financial payments, facilitation and settlement platform.

NIBSS, the statement added, has been instrumental to the growth in electronic payments in the Nigerian financial industry.

Prior to assumption of duties as the head of NIBBS in 2012, Shonubi had garnered decades of executive-level experience in financial service operations, notably as Executive Director at Union Bank of Nigeria Plc, Renaissance Securities Nigeria Ltd and Ecobank Nigeria Plc.

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