History Facts

Events

The International Monetary Fund (IMF):
The International Monetary Fund, was established in December 1945 by the United States of America, and a group of forty four (44) governments based on a framework of economic cooperation. The IMF focuses mainly on Nigeria�s macroeconomic policies.

Commercial Banking in Nigeria:
In 1951, a Commercial Bank known as the Central Bank of Nigeria was created. However, this bank was not in any way related to the Central Bank of Nigeria established in 1959, which is the regulatory body for the Financial Industry.

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