Thursday, February 20, 2014

Nigeria: Naira takes a hit after Central Bank Governor Sanusi leaves

Immediate Past Nigeria Central Bank Governor, Lamido Sanusi. PHOTO/File

Nigeria's President Goodluck Jonathan on Thursday suspended the Central Bank governor
in a surprise move that halted bond trading and sent the Nigerian naira to a record low, after his accusations of missing oil revenue sparked a public outcry and criticism against the government.

According to President Jonathan's spokesman Reuben Abati, in an e-mailed statement, Lamido Sanusi, was suspended for alleged

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