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Bullion

Keywords

Discount Houses, Nigeria.

Abstract

Given the rapid expansion of Nigerian economy and the growth in government activities, discount houses in Nigeria will not only have busy schedules but will also be lucrative. The paper discusses the antecedents for the establishment of discount houses in Nigeria as well as their functions. To facilitate the presentation, the paper is divided into three parts. Part I highlights the role of discount houses and their functions. Part II discuss the rationale for establishing discount houses in Nigeria. The paper ends in part III which contains a discussion on prospects of discount houses in Nigeria as well as a concluding remark.

Author Bio

The author is a past Deputy Governor of the Central Bank of Nigeria.

Publication Title

CBN Bullion

Issue

2

Volume

16

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