Economic Confidential

Why Jonathan suspended Sanusi – Abati

Having taken special notice of reports of the Financial Reporting Council of Nigeria and other investigating bodies, which indicate clearly that Mallam Sanusi Lamido Sanusi’s tenure has been characterized by various acts of financial recklessness and misconduct which are inconsistent with...

Jonathan appoints Godwin Emefiele new CBN Gov

President Goodluck Jonathan has appointed managing director of Zenith Bank,Mr Godwin Emefiele as the new governor of Central Bank. Information reaching us say the president has forwarded Mr Emefiele’s name to the Senate for approval. He has also nominated Mr Adelabu Adebayo, an Executive Director at...

Sanusi arrives Nigeria, passport seized but later released

Officials of the State Security Service, SSS, have seized the travelling documents of suspended Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, shortly after he arrived Lagos from Niger, where he had gone to attend a meeting of governors...

Jonathan Suspends CBN Governor, Sanusi

The Nigerian President, Goodluck Jonathan, has suspended Mr. Sanusi Lamido Sanusi from his position as the Governor of the Central Bank of Nigeria. The suspension was announced in a statement signed by the Special Adviser to the President on Media and...

CBN Appeals To Nigerians To Embrace Cashless Policy

The Central Bank of Nigeria (CBN) on Wednesday urged Nigerians to embrace the new cashless policy of the bank to enhance economic growth. Mr Aaron Yeduma of the Shared Services Department in  CBN, Abuja, made the call  during the bank’s sensitisation...

Finance Ministry Cannot Be Trusted with NNPC’s Forensic Audit, Says Senator

Senator Olubunmi Adetunmbi, representing Ekiti North senatorial district, Tuesday disagreed with a human rights lawyer, Mr. Femi Falana (SAN), that the National Assembly lacks the power to undertake forensic audit of   accounts of  the Nigerian National Petroleum Corporation (NNPC). Adetunmbi,...
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