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lamer
(redirected from Lamido)

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
lam·er  (lmr)
n. Slang
A person regarded as inept or ineffectual.


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The Central Bank of Nigeria governor, Sanusi Lamido Sanusi has since August dismissed chief executives of eight banks and charged them with fraud and doling out loans without collateral in one of the worst banking scandals to hit the sector since a 2006 clean-up exercise saw 89 banks consolidate into 24.
After sacking five bank CEOs in August, as well as their boards, for acts of "gross mismanagement", a move unprecedented in Nigeria's banking history (see NA October), the new governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, continues to wield the big stick as he has sacked three more bank CEOs.
The stock market had recorded a string of gains for five days following the visit last week by the governor of the Central Bank of Nigeria (CBN), Lamido Sanusi.
 
 
 
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