Sanusi exiled from Central Bank of Nigeria


Nigerian president Goodluck Jonathan suspended Central Bank of Nigeria governor Sanusi Lamido Sanusi from his post today, and swiftly nominated a commercial bank head to take his place.

Jonathan said his decision was motivated by the "various acts of financial recklessness and misconduct" that had "characterised" Sanusi's tenure as central bank chief.

The central bank's most senior deputy governor, Sarah Alade, assumes the role of acting governor until Sanusi's term expires in June, at which

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account