The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country; promote monetary stability and a sound financial environment, and act as a banker of last resort and financial adviser to the federal government. #CBN | Abiodun Christopher
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The Central Bank says Nigeria spent $15.55bn on debt, meanwhile, a high court in Abuja is about to grill the ex-Governor of Anambra State for fraud. Also, the World Bank is supporting Egypt with $700 million to boost its economy. Here’s the News You Can Use with Igbalaniyi Omoniyi | News Central TV | Facebook
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