The Central Bank Governor, Mr Godwin Emefiele, has been conferred with a Honorary Doctorate Degree in Business Administration by the University of Nigeria, Nsukka (UNN).
Emefiele was honoured on Friday in Nsukka at the Special Convocation of the institution, where 50 people were also conferred with doctoral degrees in different fields of studies.
On the occasion, Emefiele gave a lecture entitled “From Recession to Growth: The Story of Nigeria’s Recovery from the 2016 Economic Recession.”
He spoke on the actions the CBN took to address recession, which included a combination of monetary and foreign exchange policies, as well as development finance interventions and bailout programmes to states.
The apex bank governor said that due to its policies, the country’s GDP had been steadily growing, inflation going down, the nation’s foreign reserves growing and the foreign exchange market stable at N360 to a dollar.
Emefiele said that since the Anchor Borrowers Programme, the…