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Central Bank of Nigeria (CBN) Act, 2007 © (Audio)

  • Copyright Notice
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  • Arrangement of Sections
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  • audio/Arrangement of Sections.mp3
  • Section 1 Establishment of the Central Bank of Nigeria
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  • audio/Section_1_Establishment of the Central Bank of Nigeria.mp3
  • Section 2 Objects of the Bank
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  • audio/Section_2_Objects of the Bank.mp3
  • Section 3 Head Office and Branches
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  • audio/Section_3_Head Office and Branches.mp3
  • Section 4 Capital
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  • audio/Section_4_Capital.mp3
  • Section 5 Operating Surplus and General Reserve Fund
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  • audio/Section_5_OperatingSurplusandGeneralReserveFund.mp3
  • Section 6 Establishment of the Board
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  • audio/Section_6_Establishment of the Board.mp3
  • Section 7 Management of the Bank
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  • audio/Section_7_Management of the Bank.mp3
  • Section 8 Appointment, Qualification and Remuneration of Governor and Deputy Governors
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  • audio/Section_8_Appointment, Qualification and Remuneration of Governor and Deputy Governors.mp3
  • Section 9 Governor and Deputy Governors to be fully devoted to the service of the Bank
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  • audio/Section_9_Governor and Deputy Governors to be fully devoted to the service of the Bank.mp3
  • Section 10 Appointment of other Directors
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  • audio/Section_10_Appointment of other Directors.mp3
  • Section 11 Disqualification and Cessation of Appointment
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  • audio/Section_11_Disqualification and Cessation of Appointment.mp3
  • Section 12 Establishment of Monetary Policy Committee
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  • audio/Section_12_Establishment of Monetary Policy Committee.mp3
  • Section 13 Meetings of the Board
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  • audio/Section_13_Meetings of the Board.mp3
  • Section 14 Appointment of Secretary to the Board and other Employees
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  • audio/Section_14_Appointment of Secretary to the Board and other Employees.mp3
  • Section 15 Currency in Nigeria
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  • audio/Section_15_Currency in Nigeria.mp3
  • Section 16 Determination of Exchange Rate of the Naira
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  • audio/Section_16_Determination of Exchange Rate of the Naira.mp3
  • Section 17 Sole right of Issuing Notes and Coins
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  • audio/Section_17_Sole right of Issuing Notes and Coins.mp3
  • Section 18 Power to Print Notes and Mint Coins
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  • audio/Section_18_Power to Print Notes and Mint Coins.mp3
  • Section 19 Denomination and Form of Currency Notes and Coins
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  • audio/Section_19_Denomination and Form of Currency Notes and Coins.mp3
  • Section 20 Banks Currency Notes and Coins to be Legal Tender
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  • audio/Section_20_Banks Currency Notes and Coins to be Legal Tender.mp3
  • Section 21 Tampering with or Trading in Notes and Coins
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  • audio/Section_21_Tampering with or Trading in Notes and Coins.mp3
  • Section 22 Lost and Damaged Notes and Coins
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  • audio/Section_22_Lost and Damaged Notes and Coins.mp3
  • Section 23 Exemption from Stamp Duty
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  • audio/Section_23_Exemption from Stamp Duty.mp3
  • Section 24 Composition of External Reserves
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  • audio/Section_24_Composition of External Reserves.mp3
  • Section 25 Maintenance of External Reserves
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  • audio/Section_25_Maintenance of External Reserves.mp3
  • Section 26 Power to Buy and Sell Nigerian Currency
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  • audio/Section_26_Power to Buy and Sell Nigerian Currency.mp3
  • Section 27 Banking Operations
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  • audio/Section_27_Banking Operations.mp3
  • Section 28 Treasury Operations
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  • audio/Section_28_Treasury Operations.mp3
  • Section 29 Credit Operations
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  • audio/Section_29_Credit Operations.mp3
  • Section 30 Liquidity Management
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  • audio/Section_30_Liquidity Management.mp3
  • Section 31 Developmental Function
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  • audio/Section_31_Developmental Function.mp3
  • Section 32 Incidental Powers
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  • audio/Section_32_Incidental Powers.mp3
  • Section 33 Power to require or share Information
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  • audio/Section_33_Power to require or share Information.mp3
  • Section 34 Prohibited Activities
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  • audio/Section_34_Prohibited Activities.mp3
  • Section 35 Publication of Monetray Policy Rate
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  • audio/Section_35_Publication of Monetray Policy Rate.mp3
  • Section 36 Services to the Federal Government
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  • audio/Section_36_Services to the Federal Government.mp3
  • Section 37 Federal Government usage of other Banks and State Treasuries
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  • audio/Section_37_Federal Government usage of other Banks and State Treasuries.mp3
  • Section 38 Advances to Federal Government
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  • audio/Section_38_Advances to Federal Government.mp3
  • Section 39 Power to Act as Banker to State Governments, etc.
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  • audio/Section_39_Power to Act as Banker to State Governments.mp3
  • Section 40 Power to Act as Agent for Federal, State or Local Governments
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  • audio/Section_40_Power to Act as Agent for Federal, State or Local Governments.mp3
  • Section 41 Banker to other banks
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  • audio/Section_41_Banker to other banks.mp3
  • Section 42 Co-operation with banks in Nigeria
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  • audio/Section_42_Co-operation with banks in Nigeria.mp3
  • Section 43 Establishment of Financial Services Regulation Co-ordinating Committee
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  • audio/Section_43_Establishment of Financial Services Regulation Co-ordinating Committee.mp3
  • Section 44 Objectives of the Committee
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  • audio/Section_44_Objectives of the Committee.mp3
  • Section 45 Reserves Requirements
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  • audio/Section_45_Reserves Requirements.mp3
  • Section 46 Appointment of other bank as Agent
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  • audio/Section_46_Appointment of other bank as Agent.mp3
  • Section 47 Payment and Settlement Systems
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  • audio/Section_47_Payment and Settlement Systems.mp3
  • Section 48 Financial Year
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  • audio/Section_48_Financial Year.mp3
  • Section 49 Audit
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  • audio/Section_49_Audit.mp3
  • Section 50 Publication of Annual Accounts and Reports
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  • audio/Section_50_Publication of Annual Accounts and Reports.mp3
  • Section 51 Power to Make Regulations
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  • audio/Section_51_Powers to Make Regulations.mp3
  • Section 52 Protection against Adverse Claims
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  • audio/Section_52_Protection against Adverse Claims.mp3
  • Section 53 Exemption of the Bank from the Payment of Tax
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  • audio/Section_53_ExemptionoftheBankfromthePaymentofTax.mp3
  • Section 54 a. Proceedings of the Board and the Monetary Policy Committtee
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  • audio/Section_54_Proceedings of the Board and the Monetary Policy Committtee.mp3
  • Section 54 b. FIRST SCHEDULE
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  • audio/Section_54_FIRST SCHEDULE.mp3
  • Section 54 c. SECOND SCHEDULE
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  • audio/Section_54_SECOND SCHEDULE.mp3
  • Section 55 Exclusion of the application of the Companies and Allied Matters Act, 1990
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  • audio/Section_55_Exclusion of the application of the Companies and Allied Matters Act, 1990.mp3
  • Section 56 Liquidation
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  • audio/Section_56_Liquidation.mp3
  • Section 57 Power to License and Regulate Credit Bureau
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  • audio/Section_57_Power to License and Regulate Credit Bureau.mp3
  • Section 58 Saving Cap.192 LFN 1990
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  • audio/Section_58_Savings Cap.192 LFN 1990.mp3
  • Section 59 Repeal
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  • audio/Section_59_Repeal.mp3
  • Section 60 Interpretation
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  • audio/Section_60_Interpretation.mp3
  • Section 61 Citation
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  • audio/Section_61-Citation.mp3
  • CBN Act 2007 Full Audio Version
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  • audio/AllCombined.mp3
Facts : 1/1/1900
Structural Adjustment Programme (S.A.P.):Introduced in June 1986, the Structural Adjustment Programme was introduced after a public debate on IMF loan conditionalities. It was aimed at re-structuring the productive base of the ecnonomy and promoting non-inflationary economic growth.
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