Tag: Goodluck

Patronage politics boosts demand for dollars in Nigeria

Managing a monetary system is hard work in any country. But in Nigeria, Lamido Sanusi, central bank governor, has an additional problem: a surge in US dollar demand as politicians build war chests for an election still 18 months away. The stakes ahead of the presidential 2015 poll, in which […]

Okonjo-Iweala inaugurates Sarah Alade-led NEXIM Board

The Board of the Nigeria Export-Import Bank (NEXIM) recently reconstituted by President Goodluck Ebele Jonathan, GCFR, has been inaugurated by the Coordinating Minister for the Economy (CME) and Minister of Finance, Dr. Ngozi Okonjo-Iweala, with a charge to further boost regional trade in West Africa. Speaking at the Board inauguration […]

Compulsory leave: Oteh to seek Jonathan’s intervention

The embattled Director-General, Securities and Exchange Commision, Ms Arunma Oteh, is likely to petition President Goodluck Jonathan to reverse the order by the SEC board asking her to proceed on compulsory leave. Our correspondent gathered that Oteh, who is well connected in the Presidency, had vowed not to take the […]