![]() ![]() Responding to a question by Toyin Sanni, the moderator, on how the CBN rates itself against its set objectives, Mahmud explained that the CBN is effectively managing the countries interest rate regime, which is critical to the real sector and for providing attractive investment environment. Two subject matter experts Marco Hernandez, lead economist for Nigeria, World Bank, and Hassan Mahmud, director, Monetary Policy Department, Central Bank of Nigerian, were specially invited to dissect the issues. The NBCC Business Advocacy Roundtable was designed to examine the issue of building a coherent monetary policy framework for national growth and development. “Over the years, for various reasons, we have witnessed significant depletion of the country’s foreign reserve, and so there is need to strategically come up with policies that address the gap.
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