Africa’s richest man, Aliko Dangote, plans to launch Nigeria’s first private crude oil refinery by 2019 while almost doubling his…
Browsing: central bank
Central Bank Nigeria (CBN) is selling dollars on the inter-bank market for the fourth day to ease dollar shortages after…
A Nigerian court on Thursday said intelligence agents broke the law when they seized the passport of ousted central bank governor Lamido Sanusi and ordered the government to pay damages and publicly apologise. Sanusi was suspended on February 20, less…
Nigeria’s former central bank chief Lamido Sanusi on Sunday described the president who ousted him as a simple man trying to do well who has been undermined by incompetent and fraudulent aides. Sanusi, widely respected by economists in Nigeria and abroad…
Nigeria has seized the passport of ousted central bank governor Lamido Sanusi, an ally of the outspoken government critic said Friday, a day after he was removed from office in a move that sparked fears of economic turmoil. President Goodluck Jonathan…
Nigeria’s President Goodluck Jonathan suspended the central bank governor on Thursday for alleged financial recklessness, sidelining a prominent government critic as he readies for an expected re-election campaign. Lamido Sanusi, whose term was due…
The Kaduna State Commissioner of Police, Mr Olufemi Adenaike, on Friday urged banks operating in the state to support policemen…
The Bank of England is to issue plastic banknotes for the first time in its history, it announced Wednesday, with Winston Churchill gracing the first run. The polymer note, carrying a value of £5 ($8.2, 6.0 euro), is to be released in 2016 — and as…
The virtual currency Bitcoin crashed in China on Wednesday, falling almost 50 percent after the country’s biggest trading platform BTC China banned deposits in yuan following new restrictions imposed by the central bank. Chinese speculators have driven…