Foreign Investor Fingered In Controversial Banks’ Rating – The Guardian
July 5, 2009 by tim · Comments Off
An unnamed foreign investor has been accused of complicity in the controversial rating of Nigerian banks.
Sources in the financial services sector, which spoke to The Guardian yesterday, claimed that the report, which was published by The Africa Report, a publication of the Paris-based Groupe Jeune Afrique, and quoted by a Nigerian newspaper (not The Guardian), was actually borne out of a desperate move by a certain foreign investor to re-enter the Nigerian financial market following the new policy at the Central Bank of Nigeria (CBN).
The Bank Reform That Sanusi May Pursue – The Guardian
If Professor Chukwuma Soludo had read the prayers of David in Psalms (141:3) which says: “Set a watch, O LORD, before my mouth; keep the door of my lips,” he might have kept his job today as Governor of the Central Bank of Nigeria.
CBN: Why Soludo was denied second term – The Punch
May 24, 2009 by tim · Comments Off
The Governor of the Central Bank of Nigeria, Prof Charles Soludo, may have failed to secure a second term due to a crisis of confidence.
Group Managing Director of First Bank of Nigeria Plc, Alhaji Lamido Sanusi, had reportedly accepted an offer from President Umaru Yar’Adua to be the next governor of the apex bank.
