This project work is to study in depth the role of central bank in the development of Nigeria economy and its dividing into five chapters as follow. Chapter one, introduction to the study, purpose of the study, research methodology, traces the background of central bank of Nigeria purpose, scope, aims and objective and significance of the study. Chapter two deals with review of related literature, here documented information about the subject mater are deal with example are the stages in the role of central bank problems and solutions prospects etc. chapter three is concerned with top management, middle management in the bank. And also the primary instrument to collect information and the pilot study which will use in this research methodology so as to ascertain its validity and reliability. And the historical background of the organization with the questionnaire. Chapter four deals with findings, exclusively with data presentation and analysis with testing hypothesis. Chapter five deal with summary, recommendation and conclusion.