Which one of the following functions of banks in Nigeria is reserved to the Central…

Which one of the following functions of banks in Nigeria is reserved to the Central Bank?
  • A.
    Accepting deposits
  • B.
    Serving as agents for payments
  • C.
    Issuing bank-notes
  • D.
    Lending to customers
  • E.
    Purchasing and selling of stock exchange securities
Correct Answer: Option C
Explanation
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