Nigeria's new central bank governor Lamido Sanusi, interviewed in the FT:
FT: There’s a huge crisis of credibility in the Nigerian banking sector, in the opinion of many analysts. It seems to many of the people I speak to that your fundamental task is to restore that credibility. How are you going to that?
Lamido Sanusi: In addition to the standard central bank duties of monetary policy and financial stability, I’ve set myself two primary tasks. The first one is restoring confidence in the financial system. The second one is slightly less conventional but it is actually playing an important role as an agent for development...[continue reading]
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