Quick Links

Social Media
Exchange Rates (NGN)
YUAN/RENMINBI204.47Down
¥JPY9.4261Down
WAUA1942.9774Up
$USD1481.119Up
CHF1619.0632Up
SOUTH AFRICAN RAND80.2718Up
SDR1960.7053Up
As at May 24, 2024
See More

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.
See All: Facts | Events