Can CBN recover Polaris Bank’s N786bn taxpayers’ money bailout this year?
Fresh signal has emerged from the Central Bank of Nigeria (CBN) suggesting that chances are that the N786bn ($2.2bn) bailout fund given to former Skye Bank, now Polaris Bank may go the way of the controversial $7bn it ‘dashed’ to…
That former CBN’s Dep. Gov’s hint on $7Bn ‘dash’ to 14 banks in 2006
Poser: Was the $7bn taxpayers’ fund a bailout really of a surreptitious attempt by then CBN leadership to channel parts of Nigeria’s foreign reserves to select Nigerian banks for management which later turned ‘dash’ for the banks? Let’s start like…
Making Naira convertible international trading currency’ll lift rating, value—Mailafia
Leading finance analyst and former Deputy Governor of Central Bank of Nigeria (CBN), Dr Obadiah Mailafia, has presented another tactical solution to the myriads of efforts to save Nigerian Naira. In an interview on Monday in Abuja, he advised the…