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Godwin Emefiele: The Secret you Need to Know About the New CBN Governor

Godwin Emefiele, the Chief Executive officer and Group Managing Director of Zenith Bank Plc. has been named the new CBN Governor and his name has been presented to the Senate for approval by President Goodluck Jonathan. If approved, Godwin Emefiele will take over in June from...

The Real Reason Sanusi Lamido was Suspended as CBN Governor?

Mallam Lamido Sanusi was suspended on Thursday as the Governor of Central Bank of Nigeria on by President Goodluck Jonathan and has been immediately replaced by Dr. Sarah Alade as the Acting Governor. The suspension came as a surprise to many Nigeria amidst different...

Money Supply in 2014 May Further Be Reduced; says CBN

The CBN governor, Sanusi Lamido announced on Tuesday the Nigeria economy may experience a tight monetary policy for the year 2014, which means there may be further reduction in the supply of money by the Central bank of Nigeria. This announcement was made after the...

N500 Billion Missing From SURE-P Funds – Says Senator

Sen. Kabiru Marafa, a  member of the Senate Ad-hoc Committee on the Subsidy Reinvestment and Empowerment Programme raised an alarm on Tuesday that NNPC could not account for a missing N500bn from the partial removal of subsidy by the Federal Government on the amount of petroleum...