The suspension of Central Bank of Nigeria Governor Lamido Sanusi, who sounded the alarm on alleged billions of dollars of missing oil revenue, sets back the fight against corruption in Africa’s largest crude producer. President Goodluck Jonathan, 56, has come under fire from opposition political parties, investors and the public […]
Tag: President Goodluck Jonathan
Nigerian markets stabilise, offshore investors on sidelines
The Nigerian naira fell 0.5 percent on Monday while yields on government debt were broadly stable, as offshore investors remained on the sidelines even as dealers said turbulence at the central bank had largely been priced in locally. The local currency has been under heavy selling pressure since President Goodluck […]
Sanusi: Integrity as double-edged sword
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 […]
