THE EXAMINATION OF THE ROLE OF CENTRAL BANK IN THE REGULATION OF THE NIGERIA ECONOMY THROUGH MONETARY POLICY
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The development of central banking can be said to date from the middle of the 19th century, but precisely, there is no exact date when banking started in Nigeria. Historically, records showed that domestic banking activities started in 1961, when a shipping company Elder Dempter lines started banking services in Lagos. The chairman of the company in 1392 established the first banking, institution called ...
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