Prototype Engineering Development Institute Competitors

Oil and Gas Company

The mandate of the Central Bank of Nigeria (CBN) is derived from the 1958 Act of Parliament, as amended in 1991, 1993,1997,1998,1999 and 2007. The CBN Act of 2007 of the Federal Republic of Nigeria charges the Bank with the overall control and administration of the monetary and financial sector policies of the Federal Government. The objects of the CBN are as follows: 1. Ensure monetary and price stability; 2. Issue legal tender currency in Nigeria; 3. Maintain external reserves to safeguard the international value of the legal tender currency; 4. Promote a sound financial system in Nigeria; and 5. Act as Banker and provide economic and financial advice to the Federal Government. In addition to its core functions, CBN has over the years performed some major developmental functions, focused on all the key sectors of the Nigerian economy (financial, agricultural and industrial sectors). Overall, these mandates are carried out by the Bank through its various departments.

Founded in 1962, the University of Lagos has, for over 5 decades, provided qualitative and research-oriented education to Nigerians and all those who have entered its domain in search of knowledge. At its inception, the University of Lagos was empowered to produce a professional workforce that would steer the political, social and economic development of a newly independent country. Over the last fifty years the University has pursued this mission with vigour, excellence and panache. The University has built a legacy of academic excellence and is now acclaimed publicly as “the University of First Choice and the Nation’s Pride.”