List of All CBN Governors in Nigeria From 1958 Till Date
Hello guys, let’s check out names of all the past and present CBN Governors in Nigeria below;
The mandate of the Central Bank of Nigeria (CBN) is derived from the 1958 Act of Parliament, as amended in 1991, 1993,1997,1998,1999 and 2007.
The CBN Act of 2007 of the Federal Republic of Nigeria charges the Bank with the overall control and administration of the monetary and financial sector policies of the Federal Government.
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The objects of the CBN are as follows:
- ensure monetary and price stability;
- issue legal tender currency in Nigeria;
- maintain external reserves to safeguard the international value of the legal tender currency;
- promote a sound financial system in Nigeria; and
- act as Banker and provide economic and financial advice to the Federal Government.
Consequently, the Bank is charged with the responsibility of administering the Banks and Other Financial Institutions (BOFI) Act (1991) as amended, with the sole aim of ensuring high standards of banking practice and financial stability through its surveillance activities, as well as the promotion of an efficient payment system.
In addition to its core functions, CBN has over the years performed some major developmental functions, focussed on all the key sectors of the Nigerian economy (financial, agricultural, and industrial sectors). Overall, these mandates are carried out by the Bank through its various departments.
Lists of CBN GOVERNORS From 1953 till Today
1. R. A. Fetoh 1958-1963
2. Alahji Mai Borno (1963-1967)
3. Dr. Clemet N. Isong (1967-1975)
4. Mallam Adamu Ciroma (1975-1977)
5. Ola Vicent (1977-1982)
6. Alhaji Abdulkadir Ahmed (1982-1993)
7. Dr Paul Agbai Ogwuma (1993-1999)
8. Chief Joseph Oladele Sanusi (1999-2004)
9. Prof Chukwuma Soludo (2004-2009)
10. Sanusi Lamido Sanusi (2009-2014)
11. Mr Godwin Emefiele (June 3, 2014, till date) He is the current governor of the Central Bank of Nigeria (CBN)
