Central Bank
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Key Points 1. The saga around the suspended Central Bank of Nigeria governor continues; 2. The Central Bank governor is handily backing up his reputation; 3. President Jonathan could get a black eye from this fight; and 4. The independence of the Central Bank of Nigeria is in the balance. The Saga The February 20…
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No. 26: As a Third Grader, I Broke Up a Fight Between Two Fifth Graders
ABN Digital, AMCON, Asset Management Corporation of Nigeria, Ben Bernanke, Business Insider, Central Bank, East Africa, EM, emerging market, Emerging markets, Federal Reserve System, Financial Market, Foreign-exchange reserves, Jendayi Frazier, Jim O’Neill, Lex Luthor, Mark Mobius, Nigeria, North-South, Richard Koo, Sanusi Lamido Sanusi, South-South, Tony ElumeluAnd thankfully, Mark Mobius aka Lex Luthor is breaking up the fight going on between emerging and developed markets on US Federal Reserve Bank guidance rumors. The dance has gone something like this: Emerging Markets: Sigh, the Fed is being pretty tight with it’s currency. Come on coach, let emerging markets spin! Ben Bernanke: Policy…