Nigeria’s central bank intervened with dollar sales to lift the naira on Wednesday but strong demand for the U.S. dollar outweighed the move. Dealers said uncertainty about monetary policy following the suspension of central bank governor Lamido Sanusi last week and reduction in foreign portfolio flows continued to weigh on […]
Tag: central bank governor
Suspension of Nigeria cenbank governor to boost opposition
* Opposition capitalises on Sanusi’s exposure of graft * Governor is more popular abroad than in Nigeria * Jonathan may become liability for ruling party * Ethno-religious politics may cloud corruption argument Nigerian President Goodluck Jonathan may have benefited his opponents in suspending a central bank governor they vaunt […]
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, […]
