Functions and Roles of Regulatory Agencies
Economics S.S.S 3 First Term
WEEK 8
Functions and Roles of Regulatory Agencies
Performance Objectives
Student should be able to:
- Explain the functions of CBN, NDIC, SEC, etc.
- Demonstrate knowledge of their evolution.
Content
Functions of Central bank of Nigeria (CBN)
Central bank is the highest financial institution in a country which carries out the monetary policy of the government. It is the sole authority in the banking industry which acts as banker to the government and the commercial banks. Central banks controls and regulates the supply of money. The function of the central bank includes the following:
1. Banker to the government: Central bank is an agent and banker to the government. It controls the public account, receives revenue on behalf of the government and makes payment from this.... View More
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- Economics lessons from the Asian Tigers, Japan, Europe and America 1
- Economics lessons from the Asian Tigers, Japan, Europe and America 2
- Human Capital Development
- Petroleum and the Nigeria Economy
- Economics SSS3 First Term Mid-Term Assessment
- Test
- Service Industries
- Agencies that regulates the financial markets
- Functions and Roles of Regulatory Agencies
- International Trade
- International Trade (2)
- Economics SSS3 First Term Final Assessment
- Test
- Manufacturing and Construction
- Chapters 12
- Category SSS3
- Author ClassNotes Edu
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