Ifeanyi Nwabugu When the extant Central Bank of Nigerian CBN Acts were being crafted with the motive of giving the revered institution relative autonomy from interference from all other arms of the government ,no body imagined that there would arise an emperor who would latch on it and deploy so […]
Tag: President Goodluck Jonathan
Nigeria’s forex, bond, money markets stop trading after cbank governor’s suspension
Nigeria’s forex, bond and money markets have all stopped trading because of uncertainty and volatility created by the central bank governor’s suspension, several dealers told Reuters on Thursday. “The market is frozen right now because no one wants to take position and the fact that the market was already short,” […]
Alleged missing money and Sanusi’s inconsistencies
By Chijama Ogbu I have a problem in the way Governor of Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, is going about his allegations of misappropriation against the Nigeria National Petroleum Corporation (NNPC). Allegations or insinuations of fraud is serious matter and must of necessity be so treated. And […]
