INTRODUCTION
Before the establishment of the Central Bank of Nigeria the West African Currency Board (WACB) which was established in 1912 had the responsibility for issuing legal tender currency. The WACB was set up to promote the financing of the export trade. It was the duty of WACB to issue West African currency. The exchange of existing currencies and the investment of reserves.
The reserve were invested in Britain and this is in a way facilitated Nigeria’s international payments. However because the WACB was linked to the British system it could not engage in monetary management neither Nigerian trained in the art of monetary management.
In order to promote the growth of the domestic money and capital markets. There by eliminating this deficiency. The Central Bank of Nigeria was established in 1958 and it commenced business on 1st July 1959.
The central bank of Nigeria formulates monetary proposal in a memorandum which is sent to the government through the minister of finance. Taking into consideration the views and suggestions of the banking community and other business interest and interested public groups and other business interest and interested public groups and individuals.
Monetary policy in Nigeria is conducted by the Central Bank of Nigeria set up under the Central Bank of Nigeria (CBN) ordinance of 1958 (as amended from time to time) to serve as banker and foreign exchanged dealer principally to the federal government of Nigeria.
TABLE OF CONTENT
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
ABSTRACT
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
1.2 STATEMENT OF THE PROBLEM
1.3 PURPOSE OBJECTIVE OF THE STUDY
1.4 SIGNIFICANCE OF THE STUDY
1.5 LIMITATIONS OF THE STUDY
CHAPTER TWO
REVIEW OF RELATED LITERATURE
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 SOURCES OF DATA (SECONDARY SOURCES ONLY)
3.2 LOCATION OF DATA
3.3 METHODS OF DATA COLLECTION (LITERATURE WORK ONLY)
CHAPTER FOUR
FINDINGS
CHAPTER FIVE
RECOMMENDATIONS AND CONCLUSION
Before the establishment of the Central Bank of Nigeria the West African Currency Board (WACB) which was established in 1912 had the responsibility for issuing legal tender currency. The WACB was set up to promote the financing of the export trade. It was the duty of WACB to issue West African currency. The exchange of existing currencies and the investment of reserves.
The reserve were invested in Britain and this is in a way facilitated Nigeria’s international payments. However because the WACB was linked to the British system it could not engage in monetary management neither Nigerian trained in the art of monetary management.
In order to promote the growth of the domestic money and capital markets. There by eliminating this deficiency. The Central Bank of Nigeria was established in 1958 and it commenced business on 1st July 1959.
The central bank of Nigeria formulates monetary proposal in a memorandum which is sent to the government through the minister of finance. Taking into consideration the views and suggestions of the banking community and other business interest and interested public groups and other business interest and interested public groups and individuals.
Monetary policy in Nigeria is conducted by the Central Bank of Nigeria set up under the Central Bank of Nigeria (CBN) ordinance of 1958 (as amended from time to time) to serve as banker and foreign exchanged dealer principally to the federal government of Nigeria.
TABLE OF CONTENT
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
ABSTRACT
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
1.2 STATEMENT OF THE PROBLEM
1.3 PURPOSE OBJECTIVE OF THE STUDY
1.4 SIGNIFICANCE OF THE STUDY
1.5 LIMITATIONS OF THE STUDY
CHAPTER TWO
REVIEW OF RELATED LITERATURE
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 SOURCES OF DATA (SECONDARY SOURCES ONLY)
3.2 LOCATION OF DATA
3.3 METHODS OF DATA COLLECTION (LITERATURE WORK ONLY)
CHAPTER FOUR
FINDINGS
CHAPTER FIVE
RECOMMENDATIONS AND CONCLUSION
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 10). Performance Apprasisal Of Monetyary Pplicy Pf Central Bank Of Nigeria.. ProjectStoc.com. Retrieved 10, 2014, from https://projectstoc.com/read/3636/performance-apprasisal-of-monetyary-pplicy-pf-central-bank-of-nigeria-9984
"Performance Apprasisal Of Monetyary Pplicy Pf Central Bank Of Nigeria." ProjectStoc.com. 10 2014. 2014. 10 2014 <https://projectstoc.com/read/3636/performance-apprasisal-of-monetyary-pplicy-pf-central-bank-of-nigeria-9984>.
"Performance Apprasisal Of Monetyary Pplicy Pf Central Bank Of Nigeria.." ProjectStoc.com. ProjectStoc.com, 10 2014. Web. 10 2014. <https://projectstoc.com/read/3636/performance-apprasisal-of-monetyary-pplicy-pf-central-bank-of-nigeria-9984>.
"Performance Apprasisal Of Monetyary Pplicy Pf Central Bank Of Nigeria.." ProjectStoc.com. 10, 2014. Accessed 10, 2014. https://projectstoc.com/read/3636/performance-apprasisal-of-monetyary-pplicy-pf-central-bank-of-nigeria-9984.
- Related Works
- The Impact Of Information Technology On Customer’s Satisfaction And Profitability In Nigeria Banks. (a Case Study Of Trans International Bank Plc)
- Minimization Of Bank Fraud In Nigeria Commercial Banks
- Strategic Marketing Of Banking Services In Nigeria
- A Critical Review Of The Role Of Community Banking In Rural Development
- Community Banks And Economics Development Of Anambra State, Problems And Prospect. [a Case Study Of Umudioka Community Bank Nig. Ltd Anambra State]
- Idel Cash Holding And Its Effects In Developing Economy
- The Need For Improved Customer Services In The Banking Industry (a Case Study Of Union Bank Of Nigeria Enugu Main Branch)
- An Examination Of The Techinques Of Managing Financial Distress In The Nigeria Banking Industry
- The Problem And Difficulties Being Face By Banks As A Result Of Bank Failure With Specific Reference To Banks.
- Crisis Management In Banking Industry