Central Bank of Nigeria

  • Nigeria Seeks $10b is Petroleum Assets Sale

    Nigeria Seeks $10b is Petroleum Assets Sale

    Tuesday, 20th September 2016
    Nigeria will sell off 15% of the Nigerian National Petroleum Corporation's (NNPC) and Nigeria LNG Limited's (NLNG) oil and gas assets to help revive the country's economy, with an expected yield of $10b.
  • Unveiling the Truth About Nigeria’s Missing Oil Revenue Billions

    Unveiling the Truth About Nigeria’s Missing Oil Revenue Billions

    Thursday, 14th May 2015
    Just over a year ago President Goodluck Jonathan suspended me from my position as governor of the Central Bank of Nigeria after I questioned an estimated $20bn shortfall in oil revenues due to the treasury from the state oil company. As I said then, you can suspend a man, but you cannot suspend the truth. The publication last month of a PwC audit into the “missing billions” brings us a step closer to it.