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| Nigeria central bank head Lamido Sanusi ousted | Nigeria central bank head Lamido Sanusi ousted |
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| Nigeria's central bank governor Lamido Sanusi has been suspended after he alleged that $20bn (£12bn) in oil revenue had gone missing. | Nigeria's central bank governor Lamido Sanusi has been suspended after he alleged that $20bn (£12bn) in oil revenue had gone missing. |
| President Goodluck Jonathan said there had been "far-reaching irregularities" under Mr Sanusi's watch. | President Goodluck Jonathan said there had been "far-reaching irregularities" under Mr Sanusi's watch. |
| BBC Abuja editor Bashir Saad Abdullahi says the allegation of missing oil revenue has come as a huge embarrassment for the government. | |
| Nigeria's state oil firm has denied failing to account for the money. | |
| The Nigerian National Petroleum Corporation said the allegations were "unsubstantiated" and showed "little understanding of the technicalities of the oil industry". | |
| Mr Sanusi is currently in Niger attending a meeting of regional central bank heads. | |
| President Jonathan asked him to resign in December but Mr Sanusi refused, sources told the BBC Hausa service. | |
| The president does not have the power to sack the central bank governor - only the National Assembly can do this. | |
| The presidential statement announcing his suspension said he had been removed pending "investigations into breaches of enabling laws, due process and mandate" of the Central Bank of Nigeria. | |
| Mr Sanusi has spearheaded banking reforms since his appointment in 2009. | Mr Sanusi has spearheaded banking reforms since his appointment in 2009. |
| Our correspondent says news of his suspension could further damage the anti-corruption credibility of President Jonathan's administration. |