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Home Business News Politics

A crazy but worrying reason why this Economist Thinks Sanusi is Leaving the CBN

Nairametrics by Nairametrics
January 6, 2014
in Politics
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It’s no longer news that the CBN Governor Lamido Sanusi Lamido will be leaving the helm at the CBN. As expected the market and pundit alike have are finding it as hard to predict who the next Governor should be and as what at what course policy making might take.

This article in the Guardian reveals one of such worries in a very succinct but potentially troubling take;

Sanusi is giving a signal that he is in hurry to go. One wonders whether there is something terrible he has seen in the economy, which has defiled all solutions. Maybe, he wants to run away from it in hurry. It is not traditional for a governor of CBN to give such signal to the market; it gives a sign of instability,” he notes.

Read the rest of the article
here

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Tags: CBN NigeriaNews Review
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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