A Word For Sanusi Lamido Sanusi – By Femi Fani-Kayode

By Femi Fani-Kayode, NNP, Jan. 25. 2012 – I read Sanusi Lamido Sanusi’s article about of my friend Mallam Nasir El-Rufai with amusement (”Sanusi Lamido On El Rufai”  @ Omojuwa.com) and I have to say that I was pleased with the fact that he wrote it. I am glad that he has reiterated his love […]

FG paid N1.7tn fuel subsidy, not N1.4tn – CBN

The Central Bank of Nigeria on Tuesday put the “actual” total subsidy payments on fuel imports in 2011 at N1.7tn, an excess of N300bn above the N1.4tn figure given by the Minister of Finance, Mrs. Ngozi Okonjo-Iweala, last week. The apex bank told the House of Representatives Ad Hoc Committee on Subsidy Regime that that […]

FG uncovers plot to bomb INEC, CBN offices

Defence authorities have reportedly uncovered a plot to bomb the national headquarters of the Independent National Electoral Commission (INEC) and the Central Bank of Nigeria (CBN). Also on attack in a fresh orgy of violence set to be unleashed on Abuja, the federal capital, is a highbrow hotel in the heart of the city (name […]

Sanusi’s CBN & Naira devaluation: Public Good, Double Talk… – By Emeka Chiakwelu

By Emeka Chiakwelu, NNP, Dec. 27, 2011 – It is beginning to look that Sanusi Lamido Sanusi, the executive governor of Central Bank of Nigeria (CBN) is stepping into a pathway of perplexing contradictions. At the time that International Monetary Fund (IMF) recommended for Nigeria to devalue naira, Sanusi was insisting that there is no […]

Okonjo-Iweala, Sanusi directed to recapitalise BOI

President Goodluck Jonathan on Thursday ordered the governor of Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi and the Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala to recapitalise the Bank of Industry (BOI). Speaking when he declared open the new Corporate headquarters of the bank in Abuja, Jonathan explained that […]

Robberies threaten banking in Ogun – CBN

Ogun State governor, Senator Ibikunle Amosun         The Central Bank of Nigeria in Ogun State has said the spate of bank robberies poses a threat to quality service delivery to bank customers in the state. The Branch Controller of CBN in Abeokuta, Mr. Adewale Ojoawo, who spoke during  the 2011 Dinner/Awards Night […]

Nigerians react to CBN’s devaluation of Naira

Nigerians have been commenting on yesterday’s official devaluation of the naira by the Central Bank of Nigeria (CBN) and its implications for the nation’s economy and the citizens. Commenting on the development which said was long expected, the Executive Secretary/CEO of the Financial Markets Dealers Association, Mr Wale Abe said that the decision of the […]

Nigerians react to CBN’s devaluation of Naira

Nigerians have been commenting on yesterday’s official devaluation of the naira by the Central Bank of Nigeria (CBN) and its implications for the nation’s economy and the citizens. Commenting on the development which said was long expected, the Executive Secretary/CEO of the Financial Markets Dealers Association, Mr Wale Abe said that the decision of the […]

CBN devalues naira, changes exchange rate target •Sanusi can hire, fire bank MDs – Court insists

THE Central Bank of Nigeria (CBN), on Monday maintained its current posture on a Monetary Policy Committee’s (MPC’s) decision on interest rates based on its perceived stability in macro economic indicators for the period under review. Also, the apex bank has devalued the naira by changing the exchange rate target from the present N150 to […]

CBN staff grumble over promotion

A staff crisis looms in the Central Bank of Nigeria (CBN) over an alleged non-elevation of many workers who are long due to be promoted. Before the assumption of office of Mallam Sanusi Lamido Sanusi as governor of the CBN in 2009, it was gathered that staff members of the apex bank were promoted on […]

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