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Central Bank of Nigeria
Banking
Federal Capital Territory, Abuja 35,135 followers
Our Vision - To be a trusted and respected Central Bank promoting confidence in the economy
About us
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.
- Website
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http://www.cbn.gov.ng
External link for Central Bank of Nigeria
- Industry
- Banking
- Company size
- 10,001+ employees
- Headquarters
- Federal Capital Territory, Abuja
- Type
- Government Agency
- Founded
- 1958
Locations
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Primary
Get directions
Central Bank of Nigeria Plot 33, Abubakar Tafawa Balewa Way Central Business District, Cadastral Zone, Abuja, Federal Capital Territory, Nigeria P.M.B. 0187, Garki Abuja. Nigeria, Federal Capital Territory, NG
Federal Capital Territory, Abuja, NG
Employees at Central Bank of Nigeria
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Adekunle Adeniji, FCCA
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Ngozichukwu Njemanze LL.M (Harvard), MBA, ACIS
Corporate Governance Lead| Regulatory Compliance| Bank Examiner| Fintech, Regtech and Suptech Advisory| Regulatory Innovation in Financial Services|…
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Babatunde Ajiboye
Fintech Compliance and Licensing Specialist
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Isaac Ayuba , ACA
Assistant Director at Central Bank of Nigeria
Updates
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CBN Staff Wins IMF/AFRITAC Award: Hamza Abdul-Aziz, an economist with the Financial Markets Department of the Central Bank of Nigeria (CBN), has emerged as one of the winners of the IMF/AFRITAC West 2 Young Economist Research Contest for Central Bankers and Government Economists. His submission titled: "The Role of Central Banks in Achieving an Optimal Monetary-Fiscal Policy Mix: A Case of IT Framework Transition in Nigeria" was adjudged one of the two best submissions. IMF/AFRITAC West 2 comprises of Cape Verde, Gambia, Ghana, Liberia, Nigeria, and Sierra Leone.
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Unveiling Trade Opportunities: The Deputy Governor, Financial System Stability (FSS) at the Central Bank of Nigeria (CBN), Mr. Philip Ikeazor, who represented the Governor, Mr. Olayemi Cardoso, middle; Mr. Ray Atelly, President and Chairman of Council, Nigerian-British Chamber of Commerce (NBCC), fifth from right; and the Deputy Governor, Corporate Services at the CBN, Dr. Bala Bello, fourth from right, flanked by other participants at the 2024 Trade Mission To The United Kingdom, held on June 25, 2024.
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Discontinuation of the Central Bank of Nigeria Price Verification System Portal... https://ow.ly/KWVF50Sqovx
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New Measures to Enhance Local Currency Liquidity for Settlement of Diaspora Remittances. Kindly click on the provided link to read more - https://ow.ly/jcL550SoW6p
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Personal Statements of Members for the 295th Meeting of the Monetary Policy Committee... https://ow.ly/YPp950Sn2fs
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Strengthening Nigeria-Canada Partnership: The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso (middle), flanked by the Co-founder and Chairman of African Capital Alliance (ACA), Okey Enelamah (left); and the President and CEO of Canadian Imperial Bank of Commerce (CIBC) and Chairman of the Business Council of Canada, Victor Dodig; when Enelamah led the Canadian delegation on a visit to the CBN Governor on Tuesday, June 18, 2024, to deepen business ties between Canada and Nigeria/African businesses. The visit, which was organised in conjunction with the Business Council of Canada (BCC) and the Canadian High Commission, Nigeria, featured discussions around the CBN’s objectives and strategies for facilitating macroeconomic stability and catalysing economic growth in the country. The team also discussed issues around amplifying societal impact across priority themes such as jobs, education, and environment/climate change, among others.
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