Nigeria’s state oil firm has denied an allegation by the central bank chief that it has failed to account for at least $20bn (£12.2bn) of oil revenues. Lamido Sanusi told a senate committee on Tuesday that out of $67bn of oil sold between January 2012 and July 2013, $20bn was […]
Tag: Sanusi Lamido
NNPC’s unremitted funds: $20bn remains unexplained – CBN
The Central Bank Governor (CBN), Sanusi Lamido Sanusi, today informed the Senator Ahmed Makarfi led Committee on Finance investigating the allegations of unremitted funds into the Federation Account that out of the $67 billion crude oil sales that was processed and expected to be remitted to the constitutionally provided for […]
Bank workers live in fear as job losses continue
The wave of sacking that characterised the banking sector a couple of years back has not abated as the axes are dangling on more workers, ADEMOLA ALAWIYE writes Indications have emerged that more bank workers will lose their jobs in 2014 following cost-cutting measures about to be introduced by the […]
