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Statement by Mark Ogbamosa of Mark Ogbamosa & Partners on behalf of Renaissance Professionals calling for transparency, fairness, due process, ...
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Statement by Mark Ogbamosa of Mark Ogbamosa & Partners on behalf of Renaissance Professionals calling for transparency, fairness, due process, respect for the rule of law and a holistic approach which considers the economic impacts to the ongoing reforms in the Nigerian banking sector.
On August 14, 2009, Lamido Sanusi, the Central Bank governor announced the removal of the CEOs of the banks and new management.
To read the basis for the change in management, please see the following interviews and speech by the Central Bank governor, Lamido Sanusi here:
Past interviews with the CBN governor can be read here:
1) 'If a Bank is Sick, The Signs Are Evident' -Interview With Lamido Sanusi, Governor of the Central Bank of Nigeria - ThisDay Newspaper, August 16, 2009: http://www.scribd.com/...>
2) 'There's Clearly a Failure' - Interview With Lamido Sanusi, Governor of the Central Bank of Nigeria - The Punch Newspaper, August 16, 2009 : http://www.scribd.com/...>
The full text of the speech given by the governor of the central bank on August 14, 2009 announcing changes in the sector can be read here: http://www.scribd.com/...>
An informative video interview with Lamido Sanusi, the Central Bank governor, explaining the basis for the regulator's actions can be watched here: http://is.gd/36xsv .
Central Bank of Nigeria advertorials on the subject can be read here:
1) Central Bank of Nigeria Press Statement - Clarification on Ongoing Reforms in the Nigerian Banking Sector - September 3, 2009: http://www.scribd.com/...>
2) Central Bank of Nigeria (CBN) Advertorial - Clarifications on Alleged Sale of Nigerian Banks - the Punch newspaper - September 10, 2009: http://www.scribd.com/...>
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