Emefiele buys time for Buhari as OMO policy stimulates economy, for now

2023 Presidency: Emefiele says, “I’m in a dilemma”

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele

Nigeria’s central bank Governor Godwin Emefiele has unleashed unorthodox monetary policy that is temporarily boosting financial indicators, buying some badly-needed time for President Muhammadu Buhari to unveil wider reforms to stimulate a slow growing economy. Emefiele’s ban on Nigerian pens

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