Banks and Public Finances
One of the more interesting aspects of the last global financial and economic crisis was the way in which banks’ health, public finances, and countries’ output became almost inextricable intertwined.[…]
Author: Ifeanyi Uddin
Making Sense of the CBN’s New Capital Adequacy Requirements
Last week, the Central Bank of Nigeria (CBN) toughened its regulatory regime. Its review of risk weights on certain exposures in the computation of capital adequacy essentially did four main[…]
Managing the Central Bank: Selecting Lamido Sanusi’s Successor
Should we be concerned who the next governor of the Central Bank of Nigeria (CBN) will be? This query assumes that we will go with tradition and not re-appoint the[…]
Managing Monetary Policy
Again, the Central Bank of Nigeria’s (CBN) rate-setting committee (the Monetary Policy Committee ― MPC) meets this morning. In a marked departure from practice, the meeting this January (the MPC[…]
Hiving-Off the Central Bank’s Banking Supervision Department
A disproportionately large part of the National Assembly’s resources was taken up last year with members attempts at altering the Central Bank of Nigeria (CBN) Act 2007. As befits a[…]
Helping Our People To Shop Better
Largely unremarked, despite its disruptive effect on traffic in places like Lagos, a lemming-like rush at retail sales outlets marked the end of last year. For those who got caught[…]
Reflections On The Last Twelve Months
An eventful year comes to an end, much as it began – inauspiciously. Which is sad! For we recall the immediate past not so much for how well off we[…]
November Inflation Numbers, What Significance?
Consumer price indices for November (released last week by the National Bureau of Statistics – NBS) confirm what every housewife/home maker in the country has known for sometime now. Rising[…]
Corruption, Nigeria, and the Challenge of Normalcy
One of the more specific “ideological” schisms associated with the intermittent discourse on the nature of Africa’s development challenges is the one between the liberal non-African’s take and (what I[…]
Why We Must Restructure Government
Once again, SLS (our moniker for Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria ―CBN) walks into a new tempest. In fact, he did not walk into this.[…]