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Central Bank of Nigeria Act

This is an Act to repeal the Central Bank of Nigeria Act 1991 and to establish the Central Bank of Nigeria Act; and for related matters. 

The principal objects of the Bank shall be to ensure monetary and price stability; issue legal tender currency in Nigeria; maintain external reserves to safeguard the international value of the legal tender currency; promote a sound financial system in Nigeria; and act as banker and provide economic and financial advice to the Federal Government.

 

Tags: Central Bank Of Nigeria  Banks  Cbn  Mpc   

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