Muhammad Sanusi 11, Emir of Kano has appealed to the federal government to handle the issue of insecurity in Nigeria with maximum effort. Sanusi charged the federal government to listen to the advice of statesmen from the troubled northern region since the present strategies by the government has not been fruitful. “I appeal to FG…
Court Orders FG, SSS, Police To Pay Sanusi N50m
A federal High Court in Lagos has ordered the Federal Government, the Nigerian Police and the State Security Service, SSS, to release the passport of Lamido Sanusi, the suspended CBN Governor, and pay him N50m as exemplary damages for unlawfully seizing his passport and detaining him illegally. The presiding judge, Justice Ibrahim Buba, also ordered…
CBN Removes Forex Limit
The Central Bank of Nigeria, CBN, has authorised the removal of the $250,000 weekly foreign exchange sales limit placed on bureaux de change, BDC, operators in the country. The announcement came a week after Lamido Sanusi, CBN governor, vowed to address the widening gap between the naira-dollar exchange rates in the official market and parallel…