The Governor of Central Bank of Nigeria, Mallam Lamido Sanusi, on Tuesday raised the alarm over the nation’s rising debt profile and warned that the development, if left unchecked, would result into hardship for Nigerians. Sanusi, at the the Honorary International Investment Council conference in London, argued that if the existing level of borrowing from […]
The Governor of Central Bank of Nigeria, Mallam Lamido Sanusi, on Wednesday fired back at those calling for his removal, saying they missed the point. The CBN governor said his removal would not change the political structure of the country which he said could not guarantee economic development in its current form. “So if you […]
By IHEANACHO NWOSU and CHUKS AKUNNA, Abuja The House of Representatives has summoned the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, Central Bank of Nigeria(CBN) Governor, Mr. Sanusi Lamido Sanusi and Director-General of Budget Office in the Presidency, Dr. Bright Okongwu, over allegation that they prevented the audit of the […]
The governor, Central Bank of Nigeria (CBN), Alhaji Sanusi Lamido Sanusi is under fire to resign his position for calling for the sack of 50 percent of civil servants within the federal government employ. Saturday Vanguard’s JOHN BULUS in this special report takes a look at the debilitating situation Again, he is stuck into another […]
MOVES by the House of Representatives to amend certain provisions of the Central Bank of Nigeria (CBN) Act met stiff resistance from the present CBN governor, Mallam Lamido Sanusi; former governors of the apex bank, Mallam Adamu Ciroma and Mr Joseph Sanusi and other stakeholders, as they kicked against the exercise. This is coming just […]
By Ben Agande FOLLOWING the outcry from Nigerians over the planned introduction of the N5,000 note, the Federal Government has confirmed it is stepping down the introduction of the note by the Central Bank of Nigeria. Presidential spokesman, Dr Reuben Abati who confirmed this last night said the move was to allow more enlightenment by […]
By Prince Charles Dickson | Jos, Nigeria | Sept. 21, 2012 – ‘Let us separate quarrel before we separate fight’ I start this admonition with the critics anthem, one that has always inspired me. It is by H.G. Wells and he says “we are going to write about it all. We are going to write […]
Abuja – The Central Bank of Nigeria (CBN) said on Thursday in Abuja that it would give the Super Eagles the necessary support to become world-beater. Ugochukwu Okoroafor, the Director, Corporate Communications Department of the bank, gave the assurance, while announcing the bank’s contribution to sports development in the country at the secretariat of the […]
By Chris Ochayi ABUJA—A pressure group, the Foundation for Integration in Nigeria, FIN, weekend, rejected the plan by the Governor of Central Bank of Nigeria, CBN, Malam Sanusi Lamido Sanusi, to introduce N5,000 note, saying the move would cause devastating effect on the nation’s economy. The group which stated this in a communiqué issued at […]
By JOSEPH ERUNKE ABUJA—The Federal Government, yesterday, rebuffed criticisms against the introduction of N5,000 note in the country, insisting that there was no going back on the decision. Similarly, the government insisted that, notwithstanding fresh facts that have been unearthed by the Vanguard to prove that Bakassi peninsula belongs to Nigeria, and which were concealed […]
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