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Q: How does Central Bank of Nigeria control the activities of all the commercial banks in Nigeria?
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What are the ways the central bank can control the activities of the commercial bank?

explain four ways in which the central bank esercises control over commercial banks


How central bank of nigeria controls other commercial banks?

central bank control other bank by giving them loan and it debited their account.


How did the British control nigeria?

The British controlled Nigeria from 1900 until 1960. They used administrative restructuring to keep control of Nigeria for the 60 years.


What are the objectives of price control in nigeria?

to control inflation


Why is there a unitary system of government in Ghana?

The comparatively small size of the country makes central control feasible for most governmental activities.


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The nucleus stores the cell's DNA and RNA. It is the central brain system of the cell. It basically runs the cell's primary processes.


What directs and coordinates all activities within the CPU?

The control unit directs and coordinates all the activities within the CPU.The control unit is a part of a computer's central processing unit that regulatesthe flow of data between the CPU and the other devices.


How can you control the liquidity in system with CRR?

With Cash Reserve Ratio the Commercial Banks can keep money in Central Bank. So that amount of money keeps intact coz the commercial bank do not retain that with themselves. So if in a case the commercial banks need money they can easily opt for the aforesaid invested money with central bank.


Why indirect control of Nigeria did not work?

do it yourself


Differences between functions of the central bank and commercial bank?

central bank does not accept deposit from customers whiles commercial bank does. central bank is responsible for issuing of currencies whiles commercial bank does not. central bank is accountable to the government whiles commercial bank is accountable to the share holders. central bank is not set up for profit but commercial bank is set up for profit. central bank is governed by an act of parliament whiles commercial bank is set up by an incorporation. central bank formulate monetary policies whiles commercial bank does not.


Which parts of Africa did England have control over?

Nigeria


What nation did the French control for a long time?

nigeria