[News Update] CBN: Sanusi's First Bombshell to Banks, Interest Rate, Foreign Exchange
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CBN Governor to Compel Banks on Appropriate Disclosure ...Cuts Interest Rates, Liberalises Foreign Exchange In his first Press Conference as the Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi has reemphasised his desire to ensure that banks in the country give full and appropriate disclosures on their financial statements to guide the public... Read
The Sharing of N313bn in June 2009: Akwa Ibom Still Richer, C/River Rating Improves The Federation Account Allocation Committee at its meeting in June 2009 disburses N313bn to the tiers of government against N230 shared in the previous month. This is apart from additional disbursement of N33bn from Excess Crude Account being difference between Budget and Actual...Read
Profile Rebo Usman: The Chartered Commissioner of Finance The newly elected Chairman of Commissioners of Finance Forum and presently Commissioner of Finance in Taraba State, Mr. Rebo Usman Ehwan is a public officer with a difference. On the economic front, Rebo Usman believes that the real solution to the dwindling economic fortunes of government lies in its ability to harness potential sources of economic activities...Read
Exclusive Interview We Are Adopting New Approach to Privatization - DG BPE Dr. Christopher Uloneme Anyanwu, the new Director General of the Bureau of Public Enterprises (BPE), was the acting head of the Department of Public and Private Law at the University of Nigeria, Nnsuka before his recent appointment. A man with an activist's personality with a definitive purpose to deliver on his new assignment is straight forward and frank on issues bordering on privatisation. In an exclusive interview with the Economic Confidential, Dr. Anyawu talks on his vision, the privatisation process amongst other issues... Read
Features The Nigerian Economy and CBN Policy Action By Sanusi Lamido sanusi As someone just coming from the other side of the aisle of the financial sector (the regulated), you will appreciate that my remarks today as a regulator must be viewed as one that is not bereft of the first-hand knowledge of what regulation means... Read
CBNCOMMUNIQUÉ NO. 64 OF MPC Meeting Coinciding with (2) above and in order to foster financial stability, banks are expected to publish their accounts with sufficient disclosure to allow for risk assessment and analysis by creditors and investors by the end of March 2010... Read
Features Federal Appointment: Between Sanusi Lamido and Steve Orosanye While there was intense hullabaloo over the appointment of Sanusi Lamido Sanusi as new Governor of Central Bank of Nigeria (CBN), that of Steve Osagiede Orosanye as the Head of Service of the Federation did not create any fuss even though the two offices they now occupy are very sensitive in the public service... One interesting thing about those personalities was that they were in the private sectors for years before venturing into the public service... Read
That Sanusi's Interview with London Financial Times Lamido Sanusi, the new CBN Governor's interview with Matthew Green of the London Financial Times is the second extensive interview granted the media house since his appointment. Mr. Sanusi should be commended for ensuring that a local media "Next on Sunday' was given the first opportunity to reveal the person, aspirations and the patriotic colouration of the new CBN Governor... Read
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