The new Central Bank of Nigeria Act 2007 came into effect on the 25th of May 2007. Pursuant to the preamble of the Act the previous 1991 Act has been repealed and has now been replaced by the new 2007 Act, with added related matters. This article provides an overview of the new Act and highlights the significant changes provided for under the new Act.

Click Here to Download:  CENTRAL BANK OF NIGERIA ACT 2007 – SIGNIFICANT CHANGES