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CBN acting gov tasks staff on success of bank's policies, programmes

The Acting Governor, Central Bank of Nigeria (CBN), Dr Sarah Alade, has urged staff of the bank to ensure the success of the bank's policies and programmes.

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Jonathan Suspends Lamido Sanusi, Appoints Acting Governor

SANUSI LAMIDO SANUSI n BEVERLY HILLS, February 20, (THEWILL) - President Goodluck Jonathan has suspended the controversial Governor of the Central Bank, Mallam Sanusi Lamido Sanusi.

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Shell to divest $15bn assets in 2yrs

The Financial Times, FT, quoting close sources to Shell, reported that the Anglo Dutch oil company planned to divest up to $15 billion worth of assets over the next two years.

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CBN lists guidelines for mortgage refinance firms

Central Bank of Nigeria (CBN) has paved the way for full take off of mortgage refinancing in the country with the release of regulatory and supervisory guidelines for the operations of a Mortgage Refinance company.

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FG blames high recurrent expenditure on salary increase

The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Monday blamed the high recurrent expenditure pattern in the 2014 budget on increase in the salaries of workers.

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