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THE ROLE OF MONEY MARKET IN THE NIGERIAN ECONOMY

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The first batch of treasury bills issued by the central bank of Nigeria (CBN) in April 1960. Saw the birth of money market in Nigeria. The market has experienced a remarkable increase in size. Since that date with the addition of a number of traditional short term money market entrustments. In circulation today are eight of such instrument as contained in the ...

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