Business/MONEY
Kunle Aderinokun and James Emejo aggregate analysts perspectives on the performance of the Central Bank of Nigeria in its regulatory and developmental functions – and conclude that though the apex bank had exceeded expectations particular in the role it played to sustain the economy amidst the impact of the COVID-19 pandemic last year, more strategic interventions are still required to boost the real sector and set the economy on the path of recovery and growth amidst the current recession.
There is almost a general consensus that the CBN has performed creditably well in its primary mandate of price stability as well as developmental role especially in the wake of the COVID-19 pandemic and the associated economic downturn.