The Bankers Committee and the Central Bank of Nigeria (CBN) have agreed to go nationwide with the cashless policy as well as move the cash reserve ratio (CRR) on public sector deposits to 100 per cent if the foreign reserves weaken and there was not enough dollars to defend the […]
Tag: Bisi Onansanya
Sanusi’s successor: President considers S’West candidates
Amid intense lobbying by candidates hoping to succeed the incumbent Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, indications have emerged that President Goodluck Jonathan is looking towards the South-West for the plum job. Sanusi’s five-year single term tenure expires in June and he has consistently said he […]
Lemo retires as CBN deputy governor on Friday
The Deputy Governor, Operations, Central Bank of Nigeria, Mr. Tunde Lemo, will this Friday retire from the bank. Lemo is believed to be among the top contenders to replace the CBN Governor, Mr. Lamido Sanusi, whose tenure ends in June. Apart from Lemo, others said to be jostling for the […]