Nigeria's Soludo to depart?

Charles Soludo, the governor of the Central Bank of Nigeria, is to leave after one term, reports suggest.

The Financial Times, a newspaper, and local media both reported that Lamido Sanusi, the head of First Bank, would succeed Soludo, whose five-year term expires on 29 May. The governor can serve a second term.

Soludo, an academic before joining the central bank, is well regarded internationally and has presided over the institution at a time when the Nigerian banking system has been rated t