In a strategic move reflecting confidence and stability, the Central Bank of Nigeria (CBN) has chosen to maintain the monetary policy rate at 27.50%. This decision underscores the bank’s commitment …
Tag:
central bank of nigeria
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There is an open sore on the minds and dignity of many Nigerians that probably only President Buhari can quickly heal by saying something clear and loud about the sore …
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All of a sudden, Nigerians are clamoring for made-in-Nigeria goods. Until this month, few Nigerians outside of Nnewi, Anambra State had heard of Innoson Motors, even though the company’s automobile …
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Prof. Chukwuma Charles Soludo was the former Central Bank of Nigeria Governor who did many great things during his years in the apex bank faced with daunting challenges. He had …
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Occasionally it becomes one’s fortune to read a statement that so closely captures one’s thinking about an issue. When that happens, one is freed from the burden of finding one’s …
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One’s first reaction on reading some newspaper headlines out of Nigeria is one of incredulity. It simply can’t be true, one declares. Such was my reaction last week when I …
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President Muhammadu Buhari has yet to outline the direction and goals of his economic policy. Even so, major players in the country’s economy are already feeling the impact of specific …
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The news going round is that Nigeria is broke. I, for one, do not believe that fallacy. However, if the treasury is indeed empty or nearing emptiness, then what it …