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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Economics

2010

Central Bank of Nigeria

AMCON.

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Full-Text Articles in Social and Behavioral Sciences

The Role Of The Central Bank Of Nigeria In Ensuring Sound, Safe And Reliable Banking Sector., Chris O. Chukwu Sep 2010

The Role Of The Central Bank Of Nigeria In Ensuring Sound, Safe And Reliable Banking Sector., Chris O. Chukwu

Bullion

This paper examines effects of CBN economic and monetary policies on MDB to ensure sound and safe banking regime. The challenges of effective supervision of the banking sector, therefore involve a comprehensive supervisory approach and good faith of all stakeholders. The paper would covers five sections: 1. Review of the Nigerian banking system serves as an introduction; 2. The activities of the CBN in ensuring sound, safe and reliable banking sector; 3. The challenges facing effective banking supervision; 4. Review of the mitigating factors to the challenges facing effective supervision; and 5. Conclusion in which the paper advised CBN to …