Tag Archives: Central Bank of Nigeria

Cashless Economy: What must be done!

It is no longer news that in line with the current global trend, the Central Bank of Nigeria (CBN) has since taken a giant and determined step towards enforcing a cashless policy for the country. The cashless policy was first enforced in Lagos where it has run successfully now for about 18 months as a

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NNPC’s Can of Worms

How NNPC became Nigeria’s Palace of Corruption House subsidy panel indicts NNPC management, board, seeks refund of missing N1 trillion Committee recommends complete overhaul of NNPC Waste Disposal Firm Got N1.9b Fuel Subsidy Payment By OHIA ISRAEL In January this year, Nigerians from all walks of life, came out to protest the removal of fuel

On the Approval of 13% Revenue Derivation from Solid Minerals to Northern States

By Dr. EMMANUEL OJAMERUAYE According to the report, “the Federal Government may have opted to appease some northern states … government was worried about rising insecurity in the northern part of the country with vociferous leaders of the north blaming the situation on poverty and inequality arising from alleged lopsided revenue allocation against them…It was

Sanusi: A Class or Classless Warrior?

A few months ago, Sanusi Lamido Sanusi could do no wrong. In the eyes of the international commentariat, he was a no-holds-barred central bank governor with a snappy dress sense. He had whipped the Nigerian banking system into shape by shaming wrongdoers and forcing the banks to pay for their own bailout. He won plaudits

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