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Data & Statistics

Dutch Auction System
Date Total Sold
2/18 Auction No. 14 held with 16 Banks biding for a total of $0.00 (the lowest bid was $168.00). Total amount sold was $199,606,609.52. Click on date to see the detailed breakdown of the auction. ($199,606)
2/16 Auction No. 13 held with 21 Banks biding for a total of $0.00 (the lowest bid was $168.00). Total amount sold was $199,404,681.28. Click on date to see the detailed breakdown of the auction. ($199,404)
2/11 Auction No. 12 held with 19 Banks biding for a total of $0.00 (the lowest bid was $167.00). Total amount sold was $199,440,097.83. Click on date to see the detailed breakdown of the auction. ($199,440)
Note.: the above figures are in thousands of U$D. Retail DAS commenced on October 2, 2013.

Exchange Rates (NGN)
¥JPY2.7492Down
WAUA433.8779Up
$USD305.85Up
CHF305.9724Up
SOUTH AFRICAN RAND23.7701Up
SDR434.5823Up
SAR81.5535Down
As at May 21, 2018
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Facts : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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