The CBN governor wields enormous power without accountability

Central Bank of Nigeria (CBN)

After the oil boom of early 2010 that supported strong growth in the Nigerian economy, there was an oversupply of oil from the US shale industry that crashed prices in mid-2010 and upset oil producers. This development altered activities in the international oil market. It was no longer business

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```