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GLOBAL MARKETS-Yuan drops most in 3 years, Wall Street near all-time high

* Yuan sees biggest drop in almost three years after PBOC moves * Contrasts with world stocks at 6-year high; Wall St opens at peak * Gold holds recent gains, major currencies rangebound   The repatriation of investors’ cash into developed markets was underscored on Tuesday as Wall Street opened […]

Emefiele Will Do Extremely Well-Sanusi

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Lamido Sanusi, Nigeria’s suspended governor of central bank Friday said Godwin Emefiele nominee for the position will do extremely well. Sanusi said this after receiving the ‘’Man of the Year Award’’ at the annual Hallmark Newspaper Nigerians of the Year 2013 Awards held in Lagos, […]

If I’m Appointed CBN Governor Again, I will do exactly what I did-Sanusi

Lamido Sanusi’s speech at the Hallmark awards as captured by Peter OBIORA of InvestAdvocate, February 21, 2014. I thank Emeka Obasi for not suspending this award. When he spoke to me yesterday and, I think I was still in Niger, and he was almost in tears when he heard the […]