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Obinna Chima reviews the stewardship of the Central Bank of Nigeria Governor, Mr. Godwin Emefiele seven years since he assumed the mantle of leadership The Central Bank of Nigeria (CBN) Act of 2007 charges the banking sector regulator with the overall control and administration of the monetary and financial sector policies of the federal government. Although the four key objectives of the CBN includes to ensure monetary and price stability; issue legal tender currency in Nigeria; maintain external reserves to safeguard the international value of the legal tender currency; promote a sound financial system in Nigeria; and act as banker and provide economic and financial advice to the federal government, the central bank has continued to perform major developmental functions, focused on all the key sectors of the economy.

Obinna chimaGodwin emefieleCentral bankCreative industry financing initiativeEconomic developmentMedium enterprises development fundNigerian youth investment fundYouth enterprise development fundBorrower programmeCoalition againstMonetary policy committeeNigeria governorMacroeconomic stabilityEngendering economic developmentDeposit ratioReal sector support