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Godwin Emefiele Photo

Federal Government Appoints Emefiele As CBN Governor

Federal Government Appoints Emefiele As CBN Governor

Godwin Emefiele, the  chief executive officer, Zenith Bank Plc, has been appointed as substantive Governor of the Central Bank of Nigeria, CBN. He replaces Sahusi Lamido Sanusi, who was suspended this morning by President Goodluck Jonathan. Bayo Adelabu, executive director, First Bank Plc has also been named deputy governor, replacing Tunde Lemo. The names of the

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

Citibank Nigeria Calls for Award Entries

Citibank Nigeria Limited has called on business and financial reporters to submit entries for the 2014 Citi Journalistic Excellence Awards, CJEA, competition. The award, which began in 1982, was introduced to recognise journalists for excellent financial and business reporting. Ogochukwu Ekezie, vice president, public affairs of the bank, explained that like previous winners, the best in

UBA Honours Staff

For employees of United Bank for Africa, UBA, and other stakeholders in the bank, it was a night of fun, entertainment and rewards on February 8, 2014 as they gathered from across the country and beyond to celebrate members of staff who distinguished themselves in the 2013 financial year. The annual UBA CEO Awards ceremony, which

Nigeria Scares Away Foreign Investors – Benjamin Akande, US-based economist

Nigeria is popularly known as the giant of Africa and the growth rate of its economy, which is rated among the best in the world, above the United States, US, and United Kingdom, UK, confirms that lofty position. Aside from the state of the economy, most of the successful physicians, businessmen, and academics in the

Grohe Group Seeks Growth Opportunities

As part of its global expansion strategy, Grohe, a German international company, enters the Nigerian market with its premium sanitary fittings and water technology With its recent rating as an emerging economic powerhouse, Nigeria has become a great attraction for foreign companies. Only last week, Grohe Group, a German international company, reputed to be Europe’s

Sterling Bank Wins Risk Award

  For efficiently and consistently managing its risks, Sterling Bank plc has been honoured in the Banking and Investment Services category of the Nigeria Risk Award, NRA. According to a statement from the bank, the award, which was organised by Conrads Clark Nigeria, CCN limited, a United Kingdom affiliated institution in conjunction with Institute of

RenCap Educates Investors

The Renaissance Capital, an emerging markets & frontiers investment bank has called on investors to commit more funds to develop the Nigerian economy. Igor Vayn, chief executive officer of the financial institution, said this during the company’s 5th annual pan-Africa investor’s conference. He said investors should explore the opportunities of the progress achieved by the

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