Opinion

CBN Vs. NESG: Waving the White Flag for the Benefit of Nigerians, By Abiola Owoaje

As Nigerians face up to what is likely a fresh round of recession, all stakeholders in the economy must come together to ensure that our economic recovery plans are well thought through and backed by empirical data. The CBN should muster the humility to admit the fact that some of…
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Editorial

EDITORIAL: Unearthing the Cogent Lessons In the NESG-CBN Economic Policy Imbroglio

The open disagreement between the Nigerian Economic Summit Group (NESG) and the Central Bank of Nigeria (CBN) about both the policy thrust and trajectory of the Nigerian economy has laid bare the conundrum in Nigeria’s economic policy management since the Buhari administration came to power in 2015. The goal of…
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Opinion

Re: Matters of Urgent Attention In the National Economy, By Central Bank of Nigeria

The false alarm raised by the Nigerian Economic Summit Group raises serious credibility questions on the actions of the group, as its comments, which have been circulated across the globe, significantly harmed the credibility of the governor and the CBN as an institution. The attention of the Central Bank of…
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Opinion

Matters of Urgent Attention In the National Economy, By Nigerian Economic Summit Group

The NESG has expressed severe concerns about certain provisions of the ‘repealed and re-enacted’ Bank and Other Financial Institutions Act The Bill contains certain provisions that breach the provisions of the Nigerian Constitution, confers immunity on CBN officials and exempts actions by the CBN from judicial review. These are draconian,…
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