Ajayi, S. Ibi2018-10-242018-10-241999-12Ajayi, S.I. (1999). Evolution and functions of central banks. Economic and Financial Review, 37(4), 11-271957 - 2968http://repo.cbn.gov.ng/jspui/handle/123456789/505The aim of this paper is to provide a background for much of the details that is going to be presented in other sections of this policy seminar. discusses the evolution of central banks in a number of countries around the world including a discussion of central banks in a number of countries around the world including a discussion of central banking in Nigeria and some other relevant issues about the Central BanksenCentral Bank of NigeriaFinancial systemEvolutionCBN departmental functionsPayment systemsArticle