Central Bank of Nigeria Act of 2007
E887185
The Central Bank of Nigeria Act of 2007 is the primary legislation that defines the mandate, powers, governance structure, and operational framework of Nigeria’s central bank.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Central Bank of Nigeria Act of 2007 canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T10777677 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Central Bank of Nigeria Act of 2007 Context triple: [Central Bank of Nigeria, legalFoundation, Central Bank of Nigeria Act of 2007]
-
A.
Central Bank of Nigeria
The Central Bank of Nigeria is the country’s apex monetary authority responsible for issuing currency, regulating the banking sector, and formulating and implementing monetary policy in Nigeria.
-
B.
New Central Bank Act
The New Central Bank Act is a Philippine law that modernized and restructured the country’s central banking system, enhancing the independence, powers, and regulatory framework of the Bangko Sentral ng Pilipinas.
-
C.
Central Bank of Malaysia Act
The Central Bank of Malaysia Act is the primary legislation that establishes and regulates Malaysia’s central bank, defining its monetary policy mandate, powers, and responsibilities over the national currency and financial system.
-
D.
State Bank of Pakistan Act, 1956
The State Bank of Pakistan Act, 1956 is the foundational law that establishes, defines the functions of, and regulates the operations and authority of Pakistan’s central bank.
-
E.
Reserve Bank Act 1959
The Reserve Bank Act 1959 is an Australian federal law that created the Reserve Bank of Australia and defines its powers, functions, and responsibilities as the nation’s central bank.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Central Bank of Nigeria Act of 2007 Target entity description: The Central Bank of Nigeria Act of 2007 is the primary legislation that defines the mandate, powers, governance structure, and operational framework of Nigeria’s central bank.
-
A.
Central Bank of Nigeria
The Central Bank of Nigeria is the country’s apex monetary authority responsible for issuing currency, regulating the banking sector, and formulating and implementing monetary policy in Nigeria.
-
B.
New Central Bank Act
The New Central Bank Act is a Philippine law that modernized and restructured the country’s central banking system, enhancing the independence, powers, and regulatory framework of the Bangko Sentral ng Pilipinas.
-
C.
Central Bank of Malaysia Act
The Central Bank of Malaysia Act is the primary legislation that establishes and regulates Malaysia’s central bank, defining its monetary policy mandate, powers, and responsibilities over the national currency and financial system.
-
D.
State Bank of Pakistan Act, 1956
The State Bank of Pakistan Act, 1956 is the foundational law that establishes, defines the functions of, and regulates the operations and authority of Pakistan’s central bank.
-
E.
Reserve Bank Act 1959
The Reserve Bank Act 1959 is an Australian federal law that created the Reserve Bank of Australia and defines its powers, functions, and responsibilities as the nation’s central bank.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
Act of Parliament
ⓘ
banking legislation ⓘ financial regulation law ⓘ |
| aimsTo |
promote an efficient payments system in Nigeria
ⓘ
support economic policy of the Federal Government of Nigeria ⓘ |
| citation | CBN Act 2007 NERFINISHED ⓘ |
| country | Nigeria ⓘ |
| defines |
functions of the Central Bank of Nigeria
ⓘ
governance structure of the Central Bank of Nigeria ⓘ mandate of the Central Bank of Nigeria ⓘ operational framework of the Central Bank of Nigeria ⓘ powers of the Central Bank of Nigeria ⓘ |
| enactedBy | National Assembly of Nigeria NERFINISHED ⓘ |
| establishes |
Board of Directors of the Central Bank of Nigeria
NERFINISHED
ⓘ
Monetary Policy Committee of the Central Bank of Nigeria NERFINISHED ⓘ |
| governs | Central Bank of Nigeria NERFINISHED ⓘ |
| grantsPower |
act as lender of last resort to banks
ⓘ
formulate and implement monetary policy ⓘ issue banknotes and coins ⓘ manage Nigeria’s external reserves ⓘ regulate and supervise banks and other financial institutions within its mandate ⓘ |
| jurisdiction | Federal Republic of Nigeria NERFINISHED ⓘ |
| language | English ⓘ |
| legalStatus | primary legislation for the Central Bank of Nigeria ⓘ |
| objective |
act as banker and financial adviser to the Federal Government of Nigeria
ⓘ
issue legal tender currency in Nigeria ⓘ maintain external reserves ⓘ promote a sound financial system in Nigeria ⓘ |
| primaryObjective | ensure monetary and price stability ⓘ |
| providesFor |
capital structure of the Central Bank of Nigeria
ⓘ
currency management and redenomination procedures ⓘ financial reporting and auditing of the Central Bank of Nigeria ⓘ ownership structure of the Central Bank of Nigeria ⓘ relationship between the Central Bank of Nigeria and the Federal Government of Nigeria ⓘ |
| regulates |
appointment of Deputy Governors of the Central Bank of Nigeria
ⓘ
appointment of the Governor of the Central Bank of Nigeria ⓘ removal of the Governor of the Central Bank of Nigeria ⓘ tenure of the Governor of the Central Bank of Nigeria ⓘ |
| regulatoryDomain | monetary and financial system of Nigeria ⓘ |
| relatedTo | Banks and Other Financial Institutions Act NERFINISHED ⓘ |
| replaces | Central Bank of Nigeria Act of 1991 NERFINISHED ⓘ |
| sector | financial sector ⓘ |
| shortTitle | Central Bank of Nigeria Act, 2007 NERFINISHED ⓘ |
| signedBy | President of Nigeria ⓘ |
| subjectOf |
central banking
ⓘ
financial system regulation ⓘ monetary policy ⓘ |
| yearEnacted | 2007 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Central Bank of Nigeria Act of 2007 Description of subject: The Central Bank of Nigeria Act of 2007 is the primary legislation that defines the mandate, powers, governance structure, and operational framework of Nigeria’s central bank.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.