In this season of politics, all actions and inactions are bound to yield various interpretations and reactions. And so has the suspension of the Governor of the Central Bank of Nigeria (CBN) Sanusi Lamido Sanusi by President Goodluck Jonathan. For this particular case, reactions have been deservedly massive, running the […]
Tag: Politics
Amaechi, NGF and missing $50 billion
By Chijama Ogbu For man, credibility is an indispensable asset, which is also hard won. It defines a person’s worth in the eyes of the public. It is difficult to build but even harder to rebuild when it is lost. Often in the quest for fame or wealth or […]
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 […]