CBN Act - AbsoluteAstronomy.com

The CBN Act of 1958 established The Central Bank of Nigeria

Central Bank of Nigeria

The Central Bank of Nigeria was established by the CBN Act of 1958 and commenced operations on July 1, 1959.The major regulatory objectives of the bank as stated in the CBN act of 1958 is to: issue legal tender, maintain the external reserves of the country, promote monetary stability and a sound...

. The bank commenced operations on July 1, 1959.

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