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.
Company Details
- Employees
- 3.69K
- Founded
- 1958
- Address
- 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,nigeria
- Phone
- +234 9 462 36000
- in****@****ank.org
- Industry
- Banking
- NAICS
-
Commercial Banking
- Website
- cenbank.org
- Keywords
- (FIRS).
- HQ
- Federal Capital Territory, Abuja
Central Bank Of Nigeria Questions
Central Bank Of Nigeria's helpline number is +234 9 462 36000
Central Bank Of Nigeria's website is cenbank.org
Central Bank Of Nigeria's LinkedIn profile is https://ng.linkedin.com/company/central-bank-of-nigeria
Central Bank Of Nigeria has
3.69K employees.
View email and phone details for 3.69K
employees at Central Bank Of Nigeria.
Central Bank Of Nigeria's industry is
Banking
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Central Bank Of Nigeria's support email address is info@cenbank.org
Central Bank Of Nigeria's categories are Banking
Central Bank Of Nigeria's founding year is 1958
