THE DUTIES AND OBLIGATIONS OF THE GOVERNOR OF CENTRAL BANK OF NIGERIA TO THE FINANCIAL INSTITUTIONS

By

ILOKA ESTHER O

Presented To

Department of Accountancy

PREFACE

Governor of Central bank are set up to regulate and formulate policies that help to guide the financial institutions. It is the aim of this research work is to find out how the governor of Central Banks; duties and obligations are examined to the financial institutions. This research work has three chapters.

Chapter one contains a general discussion of the Central bank of Nigeria & other financial institutions as seen by different people. It went further to state how central bank came into existence such as the introduction.

In otherworld, chapter two talks about the duties and obligation of governor of central bank to the financial institution. And also talks about the decision and control of governor of central bank to financial institutions.

Finally, the last institution would put the recommendation made in this research, there will not only be satisfaction in the financial institution economy service offered, but a standard increase in a financial institutions to the nations' economy.

TABLE OF CONTENT

TITLE PAGE II

APPROVAL PAGE III

DEDICATION IV

ACKNOWLEDGEMENT V

PREFACE VI

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY 1

1.2 STATEMENT OF THE PROBLEMS 4

1.3 THE NEED OF THE STUDY 5

1.4 SCOPE AND LIMITATION OF THE STUDY 6

1.5 RESEARCH PROPOSITION 6

CHAPTER TWO

2.1 THE DUTIES OF THE GOVERNOR 8

2.2 THE OBLIGATIONS OF THE GOVERNOR 10

2.3 THE CONTROL OF THE GOVERNOR 12

CHAPTER THREE

3.1 SUMMARY OF FINDINGS 14

3.2 CONCLUSION 15

3.3 RECOMMENDATIONS 17

3.4 BIBLIOGRAPHY 19