Proshare Logo
   Market Date: 16-04-2014   
Agriculture All One Min News Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Commodities Corporate Earnings Daily & Weekly Market Updates Enterpreneurship ETFs Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Finance Mergers & Aquisitions Money Market Mortgage Mutual Funds Nigeria Economy Oil Sector Opinions and Analysis Pensions People Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators REITs STOCKPICKS Taxation Telcos Travel & Tours Unlisted Stocks World of Business

Lamido Sanusi wins the Sub-Saharan Africa Central Bank Governor - Again

Category: Capital Market


  Read (2346)
Lamido Sanusi wins the Sub-Saharan Africa Central Bank Governor - Again


 

 

Sunday, September 25, 2011 11:52 AM 

 


Washington DC: 24th September, 2011 - The Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, has been announced winner of the 2011 Central Bank Governor of the Year Award for Sub-Saharan Africa for the second consecutive year, by the international magazine Emerging Markets.
 

 

The Emerging Markets Awards, an annual event alongside the IMF/World Bank annual meetings, was held in Washington D.C. and attended by Central Bank Governors, Finance Ministers and Bank Chief Executive Officers from across Latin America, Africa, Middle East and Asia.

 

 

 

According to the Editor of Emerging Markets, Taimur Ahmad, the awards recognise and honour the leading policy makers in each region as adjudged by the editorial team taking into account the views of leading regional experts. He stated that Governor Sanusi was recognized for the second year running “for his strong policy track record and continued bold reforms in monetary policy over the past year.”

 

“The Central Bank of Nigeria (CBN), under Governor Sanusi’s stewardship, has consistently been ahead of the curve. Governor Sanusi has also continued to push through a radical financial sector reform agenda, while having the courage to draw attention to corruption and misuse of funds,” Ahmad said.

 

Accompanied by two Deputy Governors of the CBN, Dr. Sarah Alade and Mr. Tunde Lemo, some Nigerian bank CEOs and other well-wishers, including the Nigerian Ambassador to the US, Prof. Ade Adefuye, Governor Sanusi attributed his award to the collective efforts of his CBN colleagues, and the support of the Federal Government and the law makers of Nigeria.  He acknowledged that the reform process has been challenging even as he affirmed that all the banks will be fully recapitalized by the end of September 2011, thus drawing a line under the banking crisis in Nigeria.

 

“We have done all of this without losing any depositor funds,” Sanusi asserted. “Furthermore, the banks themselves are paying for the bail-out and the reforms, not the taxpayer.”  His remarks carried intimations that the Nigerian banking reform experience could provide some lessons for Europe which continues to grapple with their own financial crisis while bankruptcy looms for many of its countries. He called for better preparedness for the inevitable repercussions for African countries.

 

 Source: Press Release

 
 

Why SLS won Emerging Markets Awards, Second Time in a Row




Tags: , 



Comment With Your Facebook or Yahoo! ID


Latest news


News on Capital Market

About Us

Who We Are
Our Team & Partners
Corporate Governance
Advertise with Us
Subscribe / Unsubscribe
Site Map
News Feed - RSS
Newsletter
Contact Us
Message from CEO
Resources

News & Features
The Analyst / Market Data
Investor Relations Portal
The Regulator
Economy & Politics
WebTV
Training Portal
Events Calendar
NewsStands - Online Reputation

Products and Services

Research & Market Intelligence
Analyst Services
Offers & Rights Support Service
Investor Relations Services
Alert & Subscription Services
Share Support Services
Proshare Consult
Event & Seminar Coverage
Market Directory
File a Complaint
News & Analysis

#1minNews
News from TheANALYST
Video News from WebTV
Money Market Updates
Opinions & Analysis
Nigerian Economy
Market Data
The Regulator
Newsletters
Discussion Forum
Policy

Subscriber Agreement
Privacy Policy
Data Policy
Disclaimer
Copyright Policy
Trademarks
Comments in Site
Advertising Code
Conflict of Interest
Content Partnership
3rd Parties

Online Trading and Execution
Training
Legal Support Services
Web/Technology Services
File a Complaint