Nigerian oil officials said unchecked theft from pipelines may crimp the African nation’s ability to meet its target of adding 30 percent to crude output by the end of the decade. Stealing and sabotage cost the country 300,000 barrels of oil a day last year, Andrew Yakubu, group managing director […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The central bank of Nigeria (CBN) at the weekend issued a June 01, 2014 deadline for all deposit money banks (DMBs) in the country to install anti-skimming devices on all their respective Automated Teller Machines (ATMs) to check fraud. The CBN in a circular with […]

Press Release I am compelled to make this public statement to address the various allegations levied against the Central Bank of Nigeria (CBN) and cited as the reasons for my suspension from office as the Governor of the CBN on the 19th of February 2014. As a matter of record, […]