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Sports Development

To assist in the promotion and development of sporting activities in Nigeria, the CBN has been sponsoring various sporting events. These include Lawn Tennis, Golf Tournament and All Financial Institutions Football Competition. 

In the year 2020 the Bank through its Corporate Social Responsibility efforts, assisted in promotion and development of sports in Nigeria. The Bank participated in various sporting activities. Despite facing unprecedented restraints as a result of COVID-19, the Bank successfully sponsored the following competitions among non-contact sports approved by the Presidential Task Force on COVID-19.

ALL FINANCIAL INSTITUTIONS FOOTBALL COMPETITION

The Securities and Exchange Commission (SEC) Football Club emerged winners of the 2021 edition of the All Financial Institutions Football Competition (AFIFC), at the weekend, edging the defending champions, CBN FC, 4-2, via penalties, after the match ended goalless in regulation time.

In the final decided at the U.J. Esuene Stadium, Calabar, on Saturday, September 25, 2021, the SEC FC survived the onslaught of the CBN team, which was left to rue series of missed chances that would have seen them retain the trophy.

CBN JUNIOR TENNIS TOURNAMENT

The finals of the 14th edition of the "CBN Junior Tennis Tournament" was held at Lagos Lawn Tennis Club, Race Course, Lagos on Sunday, 11th October, 2020. This edition of the tournament was well organized and all the necessary precautions in line with Covid-19 sports codes and protocol were put in place. Highlight of the event was the presentation of the "Supporter of Sports Development in Nigeria" Award to the CBN by the International Tennis Academy (ITA) for its unwavering support to tennis in Nigeria.

The finals featured exciting and keenly contested matched to the delight of all spectators. In the Boys 16 and under category, David Ekpeyong emerged winner while Mary Udiffa emerged winner in the Girls 16 and under category. Sugun Ogunsakin and Nene Yakubu won the Boys 14 and under and Girls 14 and under categories respectively. Seyi Ogunsaki won the Boys 12 and under category.

CBN SENIOR OPEN TENNIS CHAMPIONSHIP

The finals of the 42nd edition of the "CBN Senior Open Tennis Championship" was held at the Tennis Complex, Pakage B, Moshood Abiola National Stadium, Abuja on Saturday, 16th November, 2020. The ndUp to Par Standard of the facility at the National Stadium, Abuja made it a preferred venue for the championship. This 42nd edition championship was highly successful and has recorded major improvements compared to previous editions despite facing unprecedented restraints occasioned by the novel Corona Virus pandemic effects.

The finals featured exciting and keenly contested matches to the delight of all spectators. The star match saw Imeh Joseph defeating Maduke Nonso to emerge winner of the Men’s single Category. 2019 winner, Oyinlomo Barakat Quadre again emerged winner after defeating Marylove Edward. Adewale Alex and Omisore Kafayat won the Men’s and Women’s wheelchair categories respectively. In the Ladies Doubles category, the pair of Oyinlomo Quadre and Teluwo Serena emerged winners.

It is worthy of note that the CBN Senior Open Tennis Championship was the first non-contact sporting event held in the Nigeria Tennis community as well as the Abuja Sporting community after the resumption of sporting activities. Important to note also is Nigeria Tennis Federation relies on the CBN Senior Open Tennis Championship for the selection of the players who represent the country at international competitions such as Davis Cup, All African Games, among others.

CBN GOVERNOR’S GOLF CUP

In continuation of its commitment to the development of sports, the Bank in 2007 commenced the sponsorship of the CBN Governor’s Golf Cup Tournament at the IBB International Golf & Country Club, Maitama, Abuja.

The 13th edition of the tournament was held at the IBB Golf & Country Club on 5th December, 2020. The objective of this tournament is to create an atmosphere of relaxation for distinguished captains of industry and also harvest criticism and feedback on various policies and initiatives of the Bank in a non-boardroom environment.

Facts : 1/1/1900
Development Stocks:The first development stock was issued in 1946. Central Bank of Nigeria took the responsiblity of issuing stock at its inception. The Lagos Stock Exchange (now Nigerian Stock Exchange) was set up in 1961 to take over transactions in the stocks.
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