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One of the most controversial chapters in the Sanusi banking reform is his sacking of the managing directors of five banks and replacing them with CBN appointed managers. Many people thought that was the end of Sanusi...
The call by the Central Bank to keep some of our foreign reserve in Chinese currency is a wise decision not necessarily because of the fear of the weakening dollar but for investment reasons...
One of the most noticeable changes in the management of stock exchanges around the world during the last one decade is the move toward mergers between major stock exchanges...
The global outlook for Oil, Nigeria’s main export is not very promising. The uncertainties of the global economy will continue to push investors away from longer term engagements...
Which type of economic team is this Jonathan team? Or to be more specific what should we expect from a team that comprises ex World Bank managing director, former investment banker from Goldman Sachs, a radical former managing director of Nigeria’s biggest bank, ex deputy governor of the CBN, as well as occasional counsel from the members of Nigerian Economic Society?
Since the appointment of Sanusi as the CBN governor in 2009, one thing that every body agrees Sanusi has achieved is bringing some kind of stability into the banking industry. But the other two areas of his job, inflation control and determination of realistic exchange rate, the CBN governor can be said to have achieved minimal success...
Whenever I see any bank and the ill-assorted characters...
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