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Pres. Buhari lauds CBN on Nation’s Reserves, others

Pres. Buhari lauds CBN on Nation’s Reserves, others

 

“The Central Bank of Nigeria has also assisted more than 30 States of the federation with concessionary loans to offset salary arrears for their workers. On the monetary side, the CBN has also implemented country-specific and innovative policies that have helped to stabilize the exchange rate and conserve our reserves.”
  • -   Excerpts of President Muhammadu Buhari’s speech at the swearing-in of Ministers in Abuja on Wednesday, November 11, 2015.

 


Facts : 1/1/1900
Central Banking:The earliest known bank of issue is the Riksbank of Sweden (1656). Modern central banking started with Bank of England (1694). Central Bank of Nigeria began operations in 1959.
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