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Category Archives: Business

Police killed my banker son –Mother of dead Ecobank staff

Mother of the late Ecobank worker, Babatunde Oke,  has insisted that the police knew how her son died. Babatunde died under controversial circumstances while in custody of the Falomo Police Division, Lagos State, over allegation of N1.2m fraud. The man, who was attached to the bank’s branch in Ogba, was detained for three days by the police over his alleged ... Read More »

The Chelsea Fan Who Would be CBN Governor

    You can easily miss him in a crowd. His carriage betrays nothing of his position. Godwin Emefiele is the Managing Director of Zenith Bank, one of the leading financial power house in the country. He assumed office three and half years ago and wasted no time to prove his mettle. In 2012 financial year-ending, the bank breasted the ... Read More »

Oyo spare parts dealers to get N50m loan, as Ajimobi promises to upgrade market

Governor Abiola Ajimobi of Oyo State has promised to upgrade the facilities at the Araromi spare parts market, Agodi Gate, Ibadan, even as he announced an interest-free loan of N50 million for the traders and artisans at the market. The governor, who made the announcement during his visit to the market, reiterated his administration’s commitment to alleviating the plight of ... Read More »

The FRCN’s report on Sanusi that Goodluck relied on

The decision to suspend the Central Bank of Nigeria Governor, Sanusi Lamido was based on a report of the Financial Reporting Council of Nigeria dated June 7, 2013. The report was made after a review of Sanusi’s response to the query issued to him by the President over the apex bank’s financial statement of 2012. His response was dated May ... Read More »

“I am Ready for the Backlash”

  In between the storm generated by his letter to the president about unremitted revenues by NNPC, and as his tenure winds down, Mallam Sanusi Lamido Sanusi gave an extensive interview to Metropole. He discussed his stewardship, the controversies, his regrets, and his plans. Below are snippets from the explosive interview. For full version of the interview, check the print ... Read More »

Meet The New Governor Of Central Bank Governor

Mr. Godwin I. Emefiele serves as Chief Executive officer and Group Managing Director of Zenith Bank Plc. Mr. Emefiele served as Deputy Managing Director of Zenith Bank Plc. since 2001. He served as Executive Director in charge of Corporate Banking, Treasury, Financial Control and Strategic Planning of Zenith Bank Plc. and had been Management team since inception. Mr. Emefiele has ... Read More »

Sanusi Tells Foreigh media he is going to court,says you can suspend me not the truth

Nigeria’s central bank governor Lamido Sanusi has been suspended by the president for “financial recklessness and misconduct”. Mr Sanusi caused shockwaves in Nigeria when he alleged that $20bn (£12bn) in oil revenue had gone missing. Nigeria’s state oil firm has denied failing to account for the money, saying the claim was “unsubstantiated”. Mr Sanusi is widely respected after undertaking reforms ... Read More »

Meet Dr Sarah Alade The New Acting Governor of CBN

Dr. Sarah Omotunde Alade was appointed Deputy Governor (Economic Policy) Central Bank of Nigeria on 26th March, 2007. She attended the University of Ife, Ile-Ife (now Obafemi Awolowo University) where she obtained a B.Sc (Hons) degree in Economics in 1976. She also obtained an M.Comm degree at the University of Melbourne, Melbourne, Australia in 1983 and a Ph.D Management Science ... Read More »