The Central Bank of Nigeria was established by the CBN Act of 1958 and commenced operations on July 1, 1959. The major regulatory objectives of the bank as stated in the CBN act of 1958 is to: maintain the external reserves of the country, promote monetary stability and[...] Date Posted: 27 Oct 2015
Display your company or industry jobs on your website or blog
About Central Bank Of Nigeria - CBN
The mandate of the Central Bank of Nigeria (CBN) is derived from the 1958 Act of Parliament, as amended in 1991, 1993,1997,1998,1999 and 2007.
The CBN Act of 2007 of the Federal Republic of Nigeria charges the Bank with the overall control and administration of the monetary and financial sector policies of the Federal Government.
The objects of the CBN are as follows:
ensure monetary and price stability;
issue legal tender currency in Nigeria;
maintain external reserves to safeguard the international value of the legal tender currency;
promote a sound financial system in Nigeria; and
act as Banker and provide economic and financial advice to the Federal Government.
Consequently, the Bank is charged with the responsibility of administering the Banks and Other Financial Institutions (BOFI) Act (1991) as amended, with the sole aim of ensuring high standards of banking practice and financial stability through its surveillance activities, as well as the promotion of an efficient payment system.
In addition to its core functions, CBN has over the years performed some major developmental functions, focussed on all the key sectors of the Nigerian economy (financial, agricultural and industrial sectors). Overall, these mandates are carried out by the Bank through its various departments.
i got job through job advertised in myjobmag. Thank you.
program officer at Diamond Development Initiatives Henry Linus
Enter your email to be the first to know about all jobs in Nigeria
Enter one word that best describes the job you are looking for
Available Jobs in Nigeria Today
MyJobMag.com is a fast-growing jobs in Nigeria publishing platform.
We assist job seekers by providing the latest and verified job adverts and career information from employers and recruiters in all Nigerian states. We ensure candidates get to apply for insider job vacancies that go unadvertised both online and in newspapers. Our job services are FREE ie. we do not expect jobseekers to pay for our career services. Subscribe to MyJobMag via the following channels: email, Facebook, Twitter, Blackberry:
Leading Job Site in Nigeria
As the leading job website in Nigeria, MyJobMag is much more than just a job listing platform. We offer various articles, tip, resource and tools for both job seekers and employers.