There is anxiety about the falling price of crude oil as dwindling revenue threatens economic and social development, raising concerns over the overall health of the Nigerian economy Nigeria is groaning under falling oil price and Ngozi Okonjo-Iweala, finance minister and coordinating minister for the economy, will have a herculean task managing the country’s economy…
President Jonathan Suspends CBN Governor Sanusi
In what appears to be a tale of the hunter being the hunted, Lamido Sanusi, governor, Central Bank of Nigeria, CBN, has been suspended by President Goodluck Jonathan. Sanusi who has been having a running battle with the petroleum ministry and the Nigerian National Petroleum Corporation, NNPC, over his allegations of $20 billion missing…
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