Sunday 16 December 2018
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allafrica - 3 month ago

Nigeria:CBN, MTN and 4 Banks - What Lessons?

[Leadership] The furore generated so far on the $8.1billion and N5.87billion sanction by the Central Bank of Nigeria (CBN) on MTN Nigeria and four banks has been one of mixed grill, laced with sentiments depending on which divide one belongs to. Some felt CBN s action amounted to witch-hunting, forgetting the apolitical stance of the Bank. Some canvassed that CBN should have been circumspect in handling the matter as its decision may send out wrong signals from a country in dire need of foreign investments.

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