This is the Central Bank of Nigeria, Headdquarters, Abuja Central Bank of Nigeria keeps the cash balances of commercial banks and issues loans to them on requirements in the same manner as the commercial banks do for its customers. That's why it is also called as bankers' bank.As a banker to the Federal Government of Nigeria, the Bank maintains accounts not only for the Federal Government but also for all the State Governments, the Abuja Federal Capital Territory as well as Federal and State min
0:12
This is the Central Bank of Nigeria, Headdquarters, Abuja Central Bank of Nigeria keeps the cash balances of commercial banks and issues loans to them on requirements in the same manner as the commercial banks do for its customers. That's why it is also called as bankers' bank.As a banker to the Federal Government of Nigeria, the Bank maintains accounts not only for the Federal Government but also for all the State Governments, the Abuja Federal Capital Territory as well as Federal and State min
502 viewsJul 12, 2023
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Central Bank of Nigeria: Functions Explained Simply
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Nigeria has introduced a new option to pay your way 👀🤑 The Central Bank of Nigeria has unveiled a digital currency, the e-Naira. It’s the first of its kind to be issued through a government entity in Africa and will be accessed on mobile phones through an e-wallet. | BBC News Africa
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