Yushau A. Shuaib: [News Update] Tunde Lemo to Act As CBN Governor as Lamido is Set

Latest from the Economic Confidential www.economicconfidential.com

Tunde Lemo to Act As Governor of CBN As Lamido is Set

As President Umaru Musa YarÁdua prepares to announce the name of new Governor of the Central Bank of Nigeria (CBN) this week to replace Professor Chukwuma Soludo, the coast is clear for Mr. Tunde Lemo to take over in an acting capacity pending the approval of the Senate of any nominee from the Presidency... Read

Auditor General: Gabriel Ogunsina Takes Over

The federal government has issued an official letter to Mr. Gabriel Ogunsina to take over as acting Auditor General of the Federation, being the most senior director in the Office after staffs had been in pensive moods over the purported desire of the intention of the former Auditor-General, Mr. Robert Ejenavi to foist an outsider to take over instead of recommending directors in the office, Economic Confidential gathered... Read

Dousing Allegations Against NDIC Boss

The on-going allegations making the rounds on misappropriation of funds running into billions of naira by the Managing Director / Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Mr. Ganiyu Adeleye appeared to have finally been doused... Read

FMBN Raises N17bn for Recapitalisation

… Targets Informal Sector for Mortgage Facilities

The Federal Mortgage Bank of Nigeria (FMBN) has concluded plans to raise additional N17 billion through the floatation of bond to deliver housing to Nigerian masses. The new issue would be overseen by the Security Issuance and Market Development Department, a new unit created in furtherance of restructuring of the organisation... Read

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Power Sector: The Glimmer of Hope- By Segun Imohiosen

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