Sanusi Lamido Sanusi (Muhammadu Sanusi II) – Emir of Kano News

Nigeria's new Oba of Benin: The coronation of a lifetime. Credit: punchng.com

Nigeria's new Oba of Benin: The coronation of a lifetime (Photos)

The rainy season is supposed to be over in Nigeria, but on Thursday just before midnight, torrential rain and crackling lightning let loose over Benin City.

Aliko Dangote (Left), Kola Karim, Temitope Balogun (TB) Joshua & Ade Ayeyemi

How Nigeria's top tycoons made their fortunes

Between the politicians and the rich, there is considerable overlap. Running a political campaign is extraordinarily expensive in Nigeria, and many a senator is heard complaining, in private, about how much money is needed to buy a seat.

Sanusi Lamido Sanusi (Muhammadu Sanusi II), Emir of Kano and former Governor of Nigeria's Central Bank

Nigeria's former Central Bank Governor Lamido Sanusi criticizes President Buhari's currency policy

Respected former head of Nigeria’s Central Bank Lamido Sanusi has said the government should end its policy of trying to maintain the value of the currency, the naira.

Budget savvy: Yemi Osinbajo, Nigeria’s Vice President, is curbing spending.

Overhaul of Nigeria's government agencies aims to end excess

As well as being a professor of law, Nigeria’s new vice-president Yemi Osinbajo is a Christian pastor who preached at the same Evangelical church in Lagos as the new trade, investment and industry minister, Okechukwu Enelamah.

Yemi Osinbajo, Vice President of Nigeria

Nigeria plans $25B infrastructure fund

Nigeria plans to set up a $25 billion infrastructure fund to invest in the transport and energy sectors in Africa’s most populous nation, a spokesman for Vice President Yemi Osinbajo said on Thursday.

The Naira weakened 20% to a record low of 206.32 per dollar in the year through Feb. 12

JPMorgan to remove Nigeria from emerging market bond indexes

JPMorgan Chase & Co. has excluded Nigeria from its local-currency emerging market bond indexes tracked by more than $200 billion of funds, after restrictions on foreign-exchange transactions prompted investor concerns about a shortage of liquidity.

Afriflora, a rose farm in Ethiopia, attracted a $200M investment from private equity powerhouse KKR last year.

From milk to roses, private equity investments in Africa on the rise

From milk churning in Zimbabwe to rose growing in Ethiopia, private equity investments in Africa have returned to pre-crisis levels and should keep rising as funds seek bumper returns in far-flung markets.

Nigerian billionaire business man Aliko Dangote. Credit: Benedicte Kurzen/NOOR/theafricareport.com

Billionaire Aliko Dangote's smooth landing

With a new government in power, the business magnate is betting on his huge refinery and agriculture projects taking off. Meanwhile, Dangote Cement continues an expansion plan that has left others scrambling to catch up.

US private equity firm KKR made its maiden investment in Africa in 2014, spending $200M on a stake in an Ethiopian flower farm.

Private equity giant KKR hires ex-Bolloré Group executive Dominique Lafont to head push into Africa

KKR appointed the former chief executive of Africa’s biggest ports and logistics network as a senior adviser, in a sign the private equity house is looking to invest in the region’s infrastructure.

Sudanese billionaire Mo Ibrahim has partnered with TPG to invest up to $1 billion in Africa.

Private equity power house TPG and billionaire Mo Ibrahim partner to invest up to $1 billion in Africa

TPG, one of the world’s largest private equity firms with $70 billion in assets under management, plans to invest up to $1 billion in Africa in a partnership with Sudanese billionaire, Mo Ibrahim.

Lamido Sanusi, Emir of Kano and former Governor of the Central Bank of Nigeria (CBN)

Blackstone and Black Rhino announce appointment of Lamido Sanusi, Emir of Kano and former Central Bank of Nigeria Governor, as Chairman of Black Rhino

Funds managed by Blackstone (NYSE:BX) and Black Rhino today announced that His Highness Emir Muhammad Sanusi II will join Black Rhino’s Board of Directors as Chairman.

Nigeria’s President-elect Muhammadu Buhari

Buhari will release full audit on Nigerian National Petroleum Corporation (NNPC)

Nigerian President-elect Muhammadu Buhari’s administration will publish the full audit of the state oil company and expects it will need to repay the government more than previously recommended, his party’s policy director said.

Nigeria's President-Elect Muhammadu Buhari. Photographer: Stringer/AFP/Getty Images

Buhari pursues cabinet to boost Nigeria's economy and battle Boko Haram

Muhammadu Buhari’s election victory over an incumbent president was unprecedented in Nigerian history.

Columbia University Africa Economic Forum (AEF) 2015 Speakers

Columbia University announces line-up of speakers ahead of April 11 African Economic Forum (AEF) in New York City

Columbia University’s Graduate Schools of Business, Law, and International and Public Affairs are pleased to announce details of the 12th annual African Economic Forum (AEF), the largest Africa-focused event to be held at the university.

In happier times: Ngozi Okonjo-Iweala (Left), Nigeria’s Minister of Finance and former Managing Director of the World Bank; Sanusi Lamido Sanusi (Center), former Governor of the Central Bank of Nigeria; and Nigeria’s President Goodluck Jonathan (Right)

The most important job in Nigeria right now

In most countries, the position of central bank governor is one of a conservative low-key economist who only makes public utterances a few times a year around monetary policy.

Lamido Sanusi, Muhammad Sanusi II, Emir of Kano

Investment key to Northern Nigeria's future: Kano Emir Muhammad Sanusi II

He was once Nigeria’s top banker.

Goodluck Jonathan, President of Nigeria

Nigeria's Power Industry Bailout Heads Off Threat to Lenders

Nigeria has headed off a threat to its banking industry by propping up struggling power companies with an intervention fund, said analysts including Pabina Yinkere of Vetiva Capital Management Ltd.

Aliko Dangote, Chairman, Dangote Group

In Africa's oil capital, Africa's richest man built an empire on sugar

As Africa’s global business prominence continues to surge, so too does Aliko Dangote’s profile as one of the region’s most recognised entrepreneurs.

Goodluck Jonathan, President of Nigeria

Nigerian president replaces state oil firm's leadership

Nigeria’s President Goodluck Jonathan has replaced the top four executives at Nigeria National Petroleum Corporation, his office said on Saturday, intervening in one of the country’s most powerful institutions and the source of 80 percent of government revenues.

Godwin Emefiele, Governor, Central Bank of Nigeria (CBN)

Nigeria's central bank holds rate at 12 percent with plans to lower later

Nigeria’s central bank held interest rates at 12 percent on Tuesday, keeping them at the same level as the last two years, but its new governor said he would be seeking a gradual reduction in rates over the next five years.

Nigeria's Central Bank

Nigeria's central bank to hold rates at 12 percent as new chief eyes inflation and currency risk

Nigeria’s central bank will leave interest rates unchanged for the 17th time in a row next week as it tries to balance controlling inflation and supporting the naira currency with fostering growth, a Reuters poll found.

Mustafa Chike-Obi, MD/CEO, Asset Management Corporation of Nigeria (AMCON)

U.S. investor seeks to stop sale of Nigerian bank Mainstreet

A U.S. court has summoned representatives of a body set up to manage Nigeria’s rescued banks in a dispute with U.S. financial firm Intangis Holdings, which says Nigeria has ignored its right to buy one of the nationalised lenders.

Lamido Sanusi, Emir of Kano and former Governor of Nigeria's Central Bank

Will Emir Lamido Sanusi, Nigeria's former Central Bank Governor, ruffle feathers?

Lamido Sanusi, Nigeria’s controversial former bank chief, has achieved a life-long ambition.

Nigerian Stock Exchange (NSE) All-Share Index (ASI)

The Nigerian Stock Exchange flies with help from MSCI

Nigeria is receiving a large influx in foreign portfolio flows in spite of investors’ unease following the terror campaign of Boko Haram, after a closely-tracked index provider increased significantly the weighing of Africa’s largest economy.

Ngozi Okonjo-Iweala, Minister of Finance, Nigeria

Nigeria's Corruption Is Sensationalized: Ngozi Okonjo-Iweala, Minister of Finance, Nigeria (Video)

Nigeria’s finance minister, Ngozi Okonjo-Iweala, says Nigeria’s corruption is sensationalized and trivialized.

Godwin Emefiele, Governor, Central Bank of Nigeria (CBN)

Nigeria's New Central Bank Governor, Godwin Emefiele, Seeks Stable Naira & Rate Cuts

Nigerian central bank Governor Godwin Emefiele pledged to maintain stability in the currency and signaled policy makers may begin cutting interest rates.

Sanusi Lamido Sanusi, former Governor, Central Bank of Nigeria

Lamido Sanusi, former Central Bank of Nigeria Governor, named as new Emir of Kano

The ousted central bank governor and prominent government critic, Lamido Sanusi, has been named as the new emir of Kano in Nigeria.