Economic Policy Directorate

This directorate is made up of the following Departments:
  1. Financial Markets Department
  2. Monetary Policy Department
  3. Research Department
  4. Statistics Department
  5. Trade and Exchange Department

This directorate develops economic policies, strategies and programmes to promote economic growth, stability and sustainability by advising on monetary, trade and investment matters.

Departments under this directorate are:-

  1. Financial Markets

    The department has the following mandate:

    • Implementation of CBN financial market operations
    • Promotion of the Nigerian financial markets to ensure effective monetary policy transmission.

  2. Monetary Policy

    The department has the following mandate:

    • Development and implementation of monetary policy.

  3. Research

    The department has the following mandate:

    • Development and provision of information services, analyses and policy papers on various areas of the economy including the financial, external, fiscal and real sectors.
    • Macroeconomic modeling and forecasting.

  4. Statistics

    The department has the following mandate:

    • To collect, analyse and manage data on all sectors of the economy, in order to provide statistical support to the Bank, the government, international organizations and other stakeholders.

  5. Trade & Exchange

    The department has the following mandate:

    • Development and articulation of trade and exchange rate policies in conjunction with other arms of government.

    6. See departments under other directorates