CBN or IMF, who is right about FG’s credit intervention programmes


It is not unusual for the federal government to toe the line of one of its biggest economic supporters, that is, the international Monetary Fund, IMF.

But this time around, the Central Bank of Nigeria, CBN has put its foot down on IMF’s latest economic advice, which advocated for a slowdown in the apex banks intervention programmes.

This development has raised questions on the long term impact of CBN’s economic initiatives.

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