Nigerian president pledges thorough housecleaning of central bank

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Nigerian president pledges thorough housecleaning of central bank

STORY: Nigerian president pledges thorough housecleaning of central bank DATELINE: Oct. 3, 2023 LENGTH: 00:01:08 LOCATION: Abuja CATEGORY: ECONOMY SHOTLIST: 1. various of Nigeria's central bank 2. various of banking activities 3. various of speech by Bola Tinubu, Nigerian President STORYLINE: Nigerian President Bola Tinubu on Sunday pledged to oversee a thorough housecleaning of the country's central bank to rid the institution of corruption. In a nationwide broadcast to commemorate Nigeria's 63rd independence anniversary, Tinubu shed light on some critical and sensitive national issues, including instituting a monetary policy that will be for the benefit of all Nigerians. He described the Central Bank of Nigeria (CBN) under the leadership of former governor Godwin Emefiele as a "den of malfeasance," saying that the "housecleaning is well underway" in a move aimed at bringing large-scale corruption in the financial institution to an end. While noting a new leadership for the central bank has just been c

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