Lamido Sanusi, Nigeria’s ousted central bank governor, filed a court challenge against his suspension by Nigerian President Goodluck Jonathan. The action was filed at the Federal High Court in the capital, Abuja, Owolabi Odekunle, a partner at Sanusi’s legal representatives Kola Awodein and Co., said in an e-mailed reply to […]
Tag: suspension
Naira Devaluation Seen on Central Bank Upheaval: Africa Credit
Nigeria’s currency is at risk of being devalued after President Goodluck Jonathan suspended the central bank governor last week, eroding confidence in monetary policy and sending the naira to a record low. The naira, which rose for the first time in six days yesterday, posted its biggest five-day drop in […]
Suspension of Nigeria cenbank governor to boost opposition
* Opposition capitalises on Sanusi’s exposure of graft * Governor is more popular abroad than in Nigeria * Jonathan may become liability for ruling party * Ethno-religious politics may cloud corruption argument Nigerian President Goodluck Jonathan may have benefited his opponents in suspending a central bank governor they vaunt […]
