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MONETARY POLICY AS A TOOL OF GOVERNMENT INTERVENTION IN THE STABILIZATION OF PRICE OF THE ECONOMY

CHAPTER ONE 1.0   INTRODUCTION According to the stallion, a quarterly publication of union bank of Nigeria Plc, (anniversary edition 1998).The earliest support for establishment of the central bank of Nigeria goes back to the period of the banking failures of’ the early 1950’s following which the power of control of banking was vested on the financial secretary. Many Nationalists’ leaders at that time urged for the creation of a central bank ...

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