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Nigerian president suspends central bank governor

Abuja, Nigeria | Xinhua | Nigerian President Bola Tinubu late Friday suspended Godwin Emefiele from the governorship of the country’s central bank, ahead of planned reforms in the financial sector. Emefiele served as governor of the Central Bank of Nigeria since June 2014. The move came following an investigation by the …

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Attorney General petitioned over delayed appointment of BOU governor

Kampala, Uganda | THE INDEPENDENT | A concerned citizen has petitioned the Attorney General Kiryowa Kiwanuka to remind President Yoweri Museveni to appoint a substantive governor of the Bank of Uganda-BOU. Through his lawyers of Nalukoola Advocates and Solicitors, Hajji Yunus Ntale, reminds the state that the Governor’s office has for the last …

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Museveni regrets sale of UCB as experts hail Mutebile legacy

Kampala, Uganda | THE INDEPENDENT |President Yoweri Kaguta Museveni has hailed the brilliance of the late Bank of Uganda Governor, Emmanuel Tumusiime Mutebile despite making him commit some mistakes. President Museveni said that in determining the best way forward to revive the fortunes of the economy in the early years …

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Ssewungu queries delayed appointment of BOU governor

Kampala, Uganda | THE INDEPENDENT | Kalungu West Member of Parliament, Joseph Ssewungu has raised concern about the delayed appointment of the Central Bank Governor. Ssewungu raised the issue during the plenary sitting on Wednesday and recounted that for more than a year, the Central Bank has operated without a substantive …

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Tanzanian president appoints new central bank governor

Dar es Salaam, Tanzania | Xinhua | Tanzanian President Samia Suluhu Hassan has appointed a new governor of the east African nation’s central bank, the presidency said in a statement late Saturday. The statement by the Directorate of Presidential Communications said President Hassan has appointed Emmanuel Tutuba as the new governor of …

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Explosion hits Türkiye’s Istanbul, leaving casualties: governor

Istanbul, Turkey | Xinhua | An explosion hit Türkiye’s largest city Istanbul on Sunday, causing casualties, says Istanbul Governor Ali Yerlikaya. The explosion hit the busy pedestrian Istiklal avenue on the European side of the city at 4:20 p.m. local time (1320 GMT), said Yerlikaya on his Twitter account. “We have casualties …

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Governor sacked after Mali massacre

Bamako, Mali | AFP | The Malian government on Wednesday sacked the governor of the central Mopti region following a village massacre in which 35 people died. Three days of national mourning would also be held “in homage to the victims of the terrorist attack perpetrated on June 10, 2019 against …

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