The Role of Central Bank of Nigeria in Stabilizing Nigeria Economy

The Role of Central Bank of Nigeria in Stabilizing Nigeria Economy

The Role of Central Bank of Nigeria – A central bank is the organ of government that undertakes the major financial operations of the government and by it’s conduct of these operations and by other means, influences the behaviours of financial institutions so as to support the economic policy of the government.

In other words, Central Bank stands as the apex of the banking system and it has a very close association with both the government and the banking sector of the economy. [Read more…]