Central Bank of Nigeria Act 1958

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The Central Bank of Nigeria Act 1958 was repealed by section 54(2) of the Central Bank of Nigeria Decree 1991.^[1] It in turn was replaced by the Central Bank of Nigeria Act 2007.^[2]

Notes

1 2 Mwalimu, Charles (2009). The Nigerian Legal System, Volume 2. New York: Peter Lang. p. 602. ISBN 978-0-8204-7855-5.
↑ Oxford Business Group (2010), The Report: Nigeria, London: Oxford Business Group, p. 281, ISBN 978-1-907065-14-9

References

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

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.

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