February 9, 2016 The Emir of Kano and immediate past Governor of the Central Bank of Nigeria, Muhammadu Sanusi II, has described the monetary policy regime of the CBN as wrong. Sanusi was quoted by Financial Times as saying that President Muhammadu Buhari risked exacerbating the country’s economic woes and […]
Tag: President Muhammadu Buhari
Update: We Stopped Selling Forex To BDCs Because Some CBN Directors Owned Them – Buhari
February 5, 2016/The Will President Muhammadu Buhari has disclosed why his government stopped the sale of foreign exchange to Bureau De Change, BDC, operators, noting that the decision was in response to acts of sabotage perpetrated by some directors of the Central Bank of Nigeria, CBN. Buhari, who revealed this […]
IMF Says Ready to Lend Nigeria, Azerbaijan
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, the managing director (MD) of the International Monetary Fund (IMF) on Thursday said the global lender is ready to loan Nigeria and Azerbaijan if the request is made. “The IMF remains available to all its members; so the moment we are asked to […]
