CBN Xtract - December 2024
Central Bank of Nigeria
Banking
Federal Capital Territory, Abuja 49,063 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
Updates
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Wishing you a Joyous Yuletide Season and 2025 filled with Growth and Development. Warm greetings from the Central Bank of Nigeria! #MerryChristmas #CBN
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Updated Penalty on Inappropriate Cash Disbursement Practices by Deposit Money Banks (DMBs). Read more…https://lnkd.in/dpzh2ygD
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We Value Your Feedback! The Central Bank of Nigeria (CBN) recently held its 298th Monetary Policy Committee (MPC) meeting on Monday, 25th November, 2024, and Tuesday, 26th November, 2024. We want to hear your thoughts on the decisions made at this meeting. Your insights are crucial to shaping our policies and ensuring we serve you better. Click the link https://zurl.co/77i1 to fill out the survey and share your views. Let your voice be heard!
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This information is misleading and not affiliated with the Central Bank of Nigeria. Please be guided! #FakeContent
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Stay updated with the latest daily NFEM rates. Click the link below to view the NFEM rates published on our website: https://lnkd.in/dxy7jsss
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We Value Your Feedback! The Central Bank of Nigeria (CBN) recently held its 298th Monetary Policy Committee (MPC) meeting on Monday, 25th November, 2024, and Tuesday, 26th November, 2024. We want to hear your thoughts on the decisions made at this meeting. Your insights are crucial to shaping our policies and ensuring we serve you better. Click the link https://zurl.co/77i1 to fill out the survey and share your views. Let your voice be heard!
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