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Economic and Financial Review

Publisher

Central Bank of Nigeria

Keywords

Central Bank of Nigeria, Developmental functions, Economic Development, Nigeria, Central Bank of Nigeria Initiatives

Abstract

The paper x-rays the role of the Central Bank of Nigeria as an agent of economic development. The central bank impacts the economy via: ensuring monetary and price stability; management of external reserves; issue of legal tender currency; financial system management; the payments system; and developmental roles. Its developmental role has been given special attention in recent years with its intervention in the real sector.

Issue

49

Volume

4

Recommended Citation

Anyanwu, Cajethan M. (2011). The Central Bank of Nigeria and its Developmental Functions: a review of current initiatives . Economic and Financial Review. 49 (4), 194 - 216.

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