The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Tuesday restated that volatility of global oil prices and weak output performance in domestic economy are factors that may jeopardise Nigeria’s foreign exchanges reserves accretion. Nigeria’s forex reserves, which slipped marginally to $48.723 billion on Monday, […]
Tag: Governor
Alleged Fraud: Ex-Lawmaker Sues Obi, Others Over N5bn Brewery
The Anambra State governor, Mr. Peter Obi, has been dragged to court over a N5billion investment he made in a brewery sited in Onitsha. Mr. Chudi Offodile, a former member of the House of Representatives, who dragged the governor to court, is alleging that the brewery, Sabmiller Breweries, was set […]
Sanusi to quit CBN in 2014
Sanusi Lamido Sanusi, the Central Bank of Nigeria (CBN) governor, says he will not renew his contract when his five- year term expires in 2014. The 51-year-old has led the CBN since 3rd June 2009. Speaking in a CNBC Africa’s interview, Sanusi said it was never his intention […]
