Guys, ignore social media, we are not recruiting, says CBN

by Tunji Andrews In a statement released on the its official website, the Central Bank of Nigeria has stories making the rounds that it is conducting a general recruitment exercise. The statement reads, “It has come to the attention of the Central Bank of Nigeria that there is a job advert circulating in the social... Read More

CBN, central bank, Recruitment, scams

July 24, 2014

It’s a miracle: GEJ and Sanusi are friends again, meet at Aso Rock (LOOK)

by Emma Chidiogo For the first time since Sanusi Lamido Sanusi became the Emir of Kano, he met up with President Goodluck Jonathan yesterday, 23 July at the Presidential villa. Sanusi was part of a delegation of traditional rulers from northern Nigeria led by Sultan of Sokoto, Dr. Sa’ad Abubakar III that visited the President to... Read More

Abuja, CBN, Emir of Kano, President Goodluck Jonathan, Saa’ad Abubakar, Sanusi Lamido Sanusi, Sultan of Sokoto

July 23, 2014

Your bank still gets loans from CBN at 12%, then lend to you at xxx

By Tunji Andrews The Monetary Policy Committee (MPC) has retained the lending rate (MPR) at 12% after its meeting on Tuesday in Abuja. The Central Bank Governor, Godwin Emefiele, said the committee, after considering global economic indicators also retained Cash Reserve Requirement (CRR) of public sector fund at 75% and that of private sector at... Read More

Bank loan, CBN, Central Bank governor, central bank of Nigeria, economy, Godwin Emefiele, liquidity ratio, Loan application

June 9, 2014

Why protests erupted in Kano after Sanusi’s selection as Emir

by Isi Esene There are reports of pockets of protests in Kano following today’s selection of the former Central Bank of Nigeria (CBN) governor, Sanusi Lamido Sanusi as the 14th Emir of Kano. The protesters were reportedly against the choice of Sanusi as the successor to Ado Bayero who ruled as Emir for 51 years.... Read More

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June 4, 2014

Issa Aremu: Emefiele – The entry of another regulator

by Issa Aremu It is reassuring that Emefiele is committed to development financing. He was reported to have said that his immediate priority is beyond financial system stability to cover macroeconomic stability using the development-banking model. With the ascendancy of the former Group Managing Director/Chief Executive Zenith Bank Plc, Mr. Godwin Emefiele as the... Read More

CBN, economy, godwin emefiele.regulator, Issa Aremu, opinion, ynaija

April 28, 2014

Opinion: Setting the agenda for new CBN Governor

by Eze Onyekpere He has to co-opt stakeholders to facilitate the maintenance of the status quo in the extant CBN Act. The CBN needs this autonomy to effectively discharge its functions. The new governor of the Central Bank of Nigeria, CBN, has a lot of challenges to inherit from the former leadership.... Read More

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April 14, 2014

Opinion: Sanusi and the unfinished story

by Marcel Ojinaka This is one important lesson we must not fail to take away from the Sanusi debacle seeing how his saga has become another episode in the countless Nigerian dramas. Considering how quiet things have become in the past few weeks, I am afraid this might just be the conclusion of another seasonal... Read More

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March 27, 2014

Olusegun Adeniyi: One Central Bank, four governors

by Olusegun Adeniyi I am not one of those people who subscribe to the conspiracy theory that Sanusi was suspended because of his allegation that the Nigeria National Petroleum Corporation (NNPC) failed to remit some billions of Dollars into the Federation Account. However, it is also an open secret that because of the mutual distrust... Read More

CBN, central bank, federal ministry of trade, Olusegun Adeniyi, opinion, Sanusi Lamido Sanusi, ynaija

March 10, 2014

Opinion: Are Nigerians really tired of bad governance?

by Umar Yakubu Thoughts around security, national budget, state of the economy are not debated. Instead, you will read a lot of name-calling and exchange of insults. Ironically, that’s what constitutes present day Nigeria as these social forums comprise of Nigerians from all walks of life. Nigerians are not bothered, nor complaining, nor tired or... Read More

March 6, 2014

Opinion: 10 points to note from the FRC report that nailed Sanusi (An addendum)

by Aare Ago If you have (truly) read the report, you “may” observe that the narration suggests that there was no direct contact or interaction between the Central Bank of Nigeria (CBN) and the Council as “insinuated” by other reports and news. This coincides with Mallam Sanusi’s declaration that there was no time the CBN... Read More

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March 6, 2014

Okey Ndibe: A national insult rejected

by Okey Ndibe How did we quickly forget that Abacha’s looting of public funds from the vaults of the Central Bank of Nigeria was a patriotic act? Or that he gave his cronies licenses to import toxic fuel into Nigeria because he so fiercely loved Nigerians and fervently desired their development? Or that Babangida’s annulment... Read More

March 4, 2014

Opinion: Nigeria’s centenary and the urgency of now

by Jaye Gaskia And whereas Lugard may have made a mistake in the course of promoting the selfish interests of British colonialism 100 years ago in 1914; the real challenge, the real problem lies with the gluttonously selfish ruling class, whose collective misadventures in ruling over us has combined to convert the selfish act of... Read More

March 1, 2014

Opinion: $20 billion is ‘missing’, ASUP is on strike & GEJ is still saying ‘no comment’

by Gladys Nwachukwu Through all this chaos, I have paused to wonder. ASUU might have called off their strike, but ASUP is still on strike, COEASU is still on strike, Students are still idle, $20 billion is still missing, and GEJ is still saying ‘no comment’. Indeed if anyone ever takes fancy to writing, one... Read More

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February 27, 2014

YNaija Editorial: Sanusi made things messy, but his removal is not acceptable

by Our Editors The federal government based its decision to suspend the governor on the damning report by the little-known agency called the Financial Reporting Council of Nigeria. While announcing the suspension, Special Adviser to the President on Media and Publicity, Reuben Abati accused Mr Sanusi of “acts of financial recklessness and misconduct that are... Read More

February 27, 2014

Opinion: Sanusi and Jonathan – Between the Prince and the President

by Rotimi Fasan Relations between Sanusi’s CBN and the Presidency have gone sour in recent times. If one must put it starkly, it was a psychological battle or it’s been made to look like there was one between President Jonathan and Lamido Sanusi. IS somebody surprised that Sanusi Lamido Sanusi who was until Thursday, last... Read More

CBN, opinion, President Goodluck Jonathan, reuben abati, Rotimi Fasan, sack, Sanusi Lamido Sanusi, Suspension, ynaija

February 26, 2014

Opinion: Why Pres. Jonathan must protect Gov. Shettima

by Zainab Suleiman Okino With Sanusi and other examples, Governor Shettima’s criticism of the government’s handling of the Boko Haram insurgents’ renewed boldness and wanton killing in the North East expectedly and typically drew the ire of the presidency, followed by Okupe’s mindless reaction and the governor’s planned ouster. When information crept into town last... Read More

February 26, 2014

Perry Brimah: #WhereIsOurMoney – What Fela Kuti tells us

by Peregrino Brimah Two point eight billion Naira, Oil money is still missing, Dey set up inquiry, Dey say money no lost eo, Dey dabaru everybody supervisor Obasanjo, Dey say make him no talk o, Money no lost dem shout again, Inquiry come closeoo, e no finish, e no finish, e no finish As... Read More

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February 25, 2014

Opinion: No orchids for Sanusi? Who cares about orchids anyway?

by Aare Ago The moment Sanusi stepped out to challenge “alleged corrupt practises” of some fund managers, who coincidentally are Southerners and mostly Christians, the news about attempts by this Northern Muslim to islamize Nigeria broke out. [READ: No orchids for Mallam Sanusi by Dele Momodu] This must be a carefully written prose. Otherwise, cynics,... Read More

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February 24, 2014

Opinion: First they go after Amaechi, now they suspend Sanusi… who’s next?

by Jaye Gaskia Then they went for the jugular of the CBN, and ‘suspended’ the CBN Governor, but we wouldn’t do anything, because Sanusi is a rabble rouser and we do not like him in anycase; When the news of the suspension of Sanusi, the CBN governor started trickling in, what came to my mind... Read More

CBN, CBN act, CBN Governor, fascist, Jaye Gaskia, opinion, poem, Sanusi Lamido Sanusi, ynaija

February 24, 2014

Opinion: Wait, was Pastor Adeboye one of those who got Sanusi suspended?

by Adekoya Boladale Mallam Sanusi’s verbal diarrhoea manifested recently at the annual TEDX Talk in Abuja where he accused the General Overseer of the Redeemed Church of God, Pastor Enoch Adeboye of aiding corruption and defending rogues like Erasmus Akingbola who was accused of siphoningdepositors’ funds and influencing stock fraud. In a palace coup reminiscent... Read More

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February 23, 2014

Opinion: The rise and rise of impunity in Nigeria

by Victoria Ibezim-Ohaeri By its body language, the presidency does not seem to be bothered about the missing billions of petrodollars. Instead, it is more concerned about the embarrassment Sanusi’s revelations have caused the administration. These are indeed, very trying times for the country. The news of the central bank governor Sanusi Lamido Sanusi’s (SLS’)... Read More

CBN, corruption, impunity, opinion, petrodollars, President Goodluck Jonathan, Sanusi Lamido Sanusi, Suspension, Victoria Ibezim-Ohaeri, ynaija

February 23, 2014

Simon Kolawole: How would you remember Sanusi?

by Simon Kolawole I wonder: when Sanusi’s name is mentioned in the future, how would you remember him? The CBN governor who dared the President and got his fingers burnt? The activist inside government who exposed the rot in the oil industry and got fired? The man who shook the financial sector and touched the... Read More

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February 22, 2014

Dele Momodu: No orchids for Mallam Sanusi

by Dele Momodu If Sanusi was considered rude to the President, the Commander-in-Chief should have been presidential in his response by pursuing a clean fight. Every fight must not end with bruises and permanent scars. By fighting like a wounded lion, President Jonathan has acquired Sanusi’s many friends and admirers as his enemies. Fellow Nigerians,... Read More

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February 18, 2014

Opinion: NNPC controversy- Between CBN and the Ministry of Finance

by Olusola Daniel Evidently, this should provide Nigerians with a definitive verdict on the controversy. We would recall that a similar forensic audit was deployed to investigate subsidy claims and this produced good results and a better tighter process against fraud. With this firm stance on fairness, transparency and accountability maintained by the Finance Minister,... Read More

$20 billion, CBN, Fraud, kerosene subsidy, Ministry of Finance, nigeria, nnpc, Olusola Daniel, opinion, ynaija

February 18, 2014

Perry Brimah: The ’missing’ $20 Billion abomination

by Peregrino Brimah The Yar’adua government stood-out separate from the Obasanjo and Goodluck Jonathan administration as relates to this monstrous scam. Yar’adua was disgusted by this humongous theft of the people’s money and he gave an executive directive as documents reveal, to stop the nonexistent subsidy. Nigeria’s Central Bank governor, Sanusi Lamido Sanusi has declared... Read More

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February 17, 2014

Missing oil funds: NNPC returns N7.61billion out of N3 trillion to federation account

by ‘Jola Sotubo Following a series of back and forth arguments about how much money is being owed to the nation’s federation account by the Nigerian National petroleum Corporation (NNPC), the latter is said to have returned a sum of N7.16 billion to the said account. The allegations of misconduct were first levelled against the... Read More

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February 16, 2014

Simon Kolawole: NNPC- The death of a dream

by Simon Kolawole Imagine: NNPC’s operations could have been very transparent, meeting every standard of global best practice. NNPC could have been the pride of Nigeria, a jewel in the crown. It could have been a Shell, not the empty shell it is today, fully content with being a plaything. Heartbreaking. That is the story... Read More

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