Nigeria, March 23 -- Nigeria is in the middle of a very important shift in its economic structure; and one man, amongst others, at the heart of this is the Governor of the Central Bank, Mr Oluyemi Cardoso. A truly traditional symbol of what a CBN governor should be: urbane, measured, focused and averse to political showmanship.

Over the years, there was a steady decline of corporate governance at the country's apex bank. Since the Presidency of former Dr Goodluck Jonathan and General Muhammadu Buhari (rtd.), those entrusted with the country's monetary policy were more giving to showboating than steadying the inherent economic turbulence, leading to runaway inflation, a bloated backlog of foreign exchange obligations, and outright sleaze ...