Nigeria’s central bank governor won’t renew contract
Nigeria’s central bank Governor Lamido Sanusi said he won’t renew his contract when his five- year term expires next year. Sanusi, who has led the bank of Africa’s biggest oil producer since June 2009, said it was never his intention to stay longer than one term. He was speaking in an interview. Appointed in the midst of a debt crisis that threatened the collapse of the nation’s banking system, Sanusi, 51, fired the chief executives of eight lenders within four months of taking office.