Fifty-one foreign investors repatriated profits from their investments in equities and Federal Government of Nigeria (FGN) bonds last week. The investors considered Nigeria’s foreign exchange policies of the Central Bank of Nigeria (CBN), especially its refusal to devalue the naira, unfavourable to their investments. They...

Devoid of politics, there have been serious allegations of financial irregularities against Mallam Sanusi Lamido Sanusi as Governor of the Central Bank of Nigeria (CBN) but SANYA ADEJOKUN of the Economic Confidential writes that timing of his removal by President Goodluck Jonathan sent wrong...