Soludo, an Embittered Loser in Search of Relevance —FG

The Federal Government, yesterday, accused the former Governor of Central Bank of Nigeria, CBN, Prof. Chukwuma Soludo, of poor managerial ability, saying he was largely responsible for the N5.67 trillion contingent liabilities of distressed banks, bought up by the Asset Management Corporation of Nigeria, AMCON, to save the banking industry

Jang-led NGF Faction Slams Soludo Over Remarks on Economy

A faction of the Nigeria Governors Forum, NGF, led by Governor Jonah Jang of Plateau State, has slammed a former governor of Central Bank of Nigeria, CBN, Chukwuma Soludo, over his critical remarks about the country’s economy under the Goodluck Jonathan Presidency. Mr.

CBN Claims Its Cashless Policy Has Contributed to a Reduction in the Number of Kidnappings in Nigeria

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The Central Bank of Nigeria (CBN) has stated that its cashless policy has largely contributed to a reduction in the spate of kidnappings in Nigeria. According to the bank’s Branch Controller in Enugu, Mr. Patrick Okonkwo, the policy has made it impossible for people to raise the large ransoms demanded

CBN claims credit for reduction in kidnappings

The bank says the policy has made it impossible for people to raise the large ransoms demanded by kidnappers. The post CBN claims credit for reduction in kidnappings appeared first on Premium Times Nigeria.

Oil Price Drop to $50 a Barrel Represents a Record Low Since the Great Recession in 2009

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The declining oil prices for the past few months continues to paint a definitely grim picture to the citizens as it can have various socio-economic impacts including loss of job employment due to failure to award contracts to major oil servicing companies. Some major oil and gas drilling companies including Halliburton have