Obasanjo II / Yar'AduaGovernor, Central Bank of Nigeria· 29 May 2004 — 29 May 2009
Prof. Charles Chukwuma Soludo
Led the 2005 bank consolidation: 89 banks reduced to 25.
The record
Charles Soludo (b. 28 July 1960, Isuofia, Anambra State), economist and former Chief Economic Adviser, was CBN Governor from 2004 to 2009.
His July 2004 directive raised the minimum capital base for commercial banks from ₦2 billion to ₦25 billion, with effect 31 December 2005. The result: 89 banks consolidated into 25 (later 24).
He is currently Governor of Anambra State (since 17 March 2022) on the APGA platform.
Sources
- CBN — Banking Supervision Annual Report, 2005 (Bank Consolidation)
Tier 1 · primary
Courts. Gazettes. National archives.
Tier 2 · corroborating
OCCRP. HRW. BudgIT. TheCable.
Tier 4 · tertiary, flagged
Wikipedia only where primary is pending. Always labelled.