The Central Bank of Nigeria Act 1958 (No 24) or CBN Act established the Central Bank of Nigeria.[1] The bank commenced operations on July 1, 1959.
The Central Bank of Nigeria Act 1958 was repealed by section 54(2) Archived 2018-07-02 at the Wayback Machine of the Central Bank of Nigeria Decree 1991.[1] It in turn was replaced by the Central Bank of Nigeria Act 2007.[2]
Notes
editReferences
edit- Trendtex v Central Bank of Nigeria (1977) 64 International Law Reports 111 at 116, 118, 136, 137 and 147, CA Google Books
- Mwalimu, Charles. The Nigerian Legal System. Peter Lang. 2009. Volume 2. Page 602 et seq.
Further reading
edit- Central Bank of Nigeria Research Department (1979). Twenty Years of Central Banking in Nigeria 1959–1979. Lagos: Central Bank of Nigeria. ISBN 978-978-2292-00-1.