Key Features:
No. of pages: 53
No. of chapters: 5
Table of Content:
Title page ii
Approval page iii
Dedication iv
Acknowledgment v
Table of contents vi
CHAPTER ONE
1.1 Statement of the problem 1
1.2 Rationale of study 2
1.3 Significance of the study 2
1.4 Definition of terms 4
CHAPTER TWO
2.0 review of related literature 6
2.1 the establishment of C.B.N 10
2.2 history of the banking industry 13
2.3 the central bank of nigeria and the banking industry 15
2.4 the central bank the financial system 16
2.5 the role of the central bank in nigeria 19
CHAPTER THREE
3.1 Statement of hypothesis 24
3.2 Research methodology 25
3.3 Source of data 26
CHAPTER FOUR
4.1 Data presentation 28
4.2 Analysis of data 35
CHAPTER FIVE
5.1 Summary 47
5.2 Conclusion 48
5.3 Suggestion (recommendation) 49
Bibliography 51
Introduction:
The investigation is been carried out in this project, central bank of Nigeria is a financial institution established by the law (Act of Parliament) vested with the power of promoting monetary stability sound financial system by issuing legal tender currency, maintaining the value of the domestic currency, etc. CBN sources of funds were from share capital, general reserve, currency in circulation deposits by the federal government (FG) deposits by the state government and deposits by banking industries, etc.
The central bank of Nigeria (CBN) is supposed to contribute to the economy development of Nigeria in the following ways. Such contributions done by CBN were issuing of currency notes, funding the agriculture sector, funding banking industries, preventing of bank crises etc. Also, CBN is supposed to contribute to economic growth through monetary policy in the economy such as bank rate, open market operation (OMO) legal reserve ratio, special deposit and moral suasion etc. CBN have to constitute economy growth by using money market instrument like treasury certificate, banker unit find etc.
In this project, the area I want to work on is monetary policy. The aspect to study is bank industries that CBN had aid to growth and development.
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