Central Bank of Nigeria Act 1958

(Redirected from CBN Act)

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The Central Bank of Nigeria Act 1958 was repealed by section 54(2) Archived 2018-07-02 at the Wayback Machine of the Central Bank of Nigeria Decree 1991.[1] It in turn was replaced by the Central Bank of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 edit

  1. ^ a b Mwalimu, Charles (2009). The Nigerian Legal System, Volume 2. New York: Peter Lang. p. 602. ISBN 978-0-8204-7855-5.
  2. ^ Oxford Business Group (2010), The Report: Nigeria, London: Oxford Business Group, p. 281, ISBN 978-1-907065-14-9 {{citation}}: |author= has generic name (help)

References 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.