Presidency: CBN governor, Olayemi Cardoso not asked to resign

The Presidency on Tuesday dismissed a viral media report claiming President Bola Tinubu has asked Central Bank of Nigeria (CBN) Governor Olayemi Cardoso to resign. Some online media outlets had published reports of the said presidential directive to Cardoso earlier on Tuesday, quoting some unnamed presidential sources. The report alleged that President Tinubu ordered Cardoso to resign due to his inability to revive the Naira and address the country’s economic challenges.  Reacting to the insinuation, Special Adviser to the President on Information and Strategy, Bayo Onanuga, on his verified X handle, @aonanuga1956, described the report as “all lies”. Onanuga’s statement emphasized that President Tinubu has not requested Cardoso’s resignation. “It’s all lies. President Tinubu has not asked Yemi Cardoso to resign”, Onanuga said.