Yemi Cardoso: Making the CBN work again, By Mariam Mohammed

EXCLUSIVE: Northern senators move against Akpabio over alleged N4trn budget paddingClimate change, extreme weather, conflict exacerbate global food crisisWith Soludo, being Yoruba and Anambran is possible, By Majeed DahiruEXCLUSIVE: Northern senators move against Akpabio over alleged N4trn budget paddingClimate change, extreme weather, conflict exacerbate global food crisisWith Soludo, being Yoruba and Anambran is possible, By Majeed...

Over the years, there was a steady decline of corporate governance at the country’s apex bank. Since the Presidency of former Dr Goodluck Jonathan and General Muhammadu Buhari , those entrusted with the country’s monetary policy were more giving to showboating than steadying the inherent economic turbulence, leading to runaway inflation, a bloated backlog of foreign exchange obligations, and outright sleaze at the CBN.

Complementing this economic progress, there is the remarkable boost in the country’s external reserves, which increased by $993 million to $34.11 billion as of 7 March, reaching an eight-month high. This is a move every responsible and patriotic Nigerian ought to commend, taking into cognisance the destruction and unimaginable loss of lives linked to terrorism and its financing. Besides, this is expected from every government that pays fidelity to its citizens’ welfare and security.

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