Nigeria Investing
Central Bank of Nigeria
Definition
What is Central Bank of Nigeria?
Nigeria's central bank and monetary authority.
Example in practice
How This Looks in Practice
The CBN's policy decisions affect market interest rates and liquidityThe ease and speed with which an investment can be converted into cash without a major price concession..
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Related Terms
Nigeria Investing
Nigerian Exchange
Nigeria's principal securities exchange, where listed shares, bonds, ETFs, and other instruments trade.
Nigeria InvestingNGX All-Share Index
A broad index designed to measure price movements of eligible equities listed on the Nigerian Exchange.
Nigeria InvestingCentral Securities Clearing System
Nigeria's central securities depository and clearing infrastructure for eligible capital-market securities.
Fund BasicsMutual Fund
A pooled investment vehicle that combines money from many investors into one professionally managed portfolio.