It is the CBN objective to:
- Ensure that Nigeria’s currency and prices are stable both locally and inter
- To issue the legal tender currency in Nigeria
- To maintain Nigeria’s external reserves in a bid to safeguard the international value of the Naira
- Establish a solid financial system in Nigeria and
- Provide economic and financial advice to the Federal Government.
Also, it is the duty of the Central Bank to regulate the activities of other Banks in Nigeria and other Financial Institutions in Nigeria with the aim of ensuring that high standards of banking practice are met by these banks operating in Nigeria.
Over the years, the CBN has also helped in stabilizing the key sectors of the Nigerian economy (financial, industrial and agricultural sectors) through its various departments.
The official website of the Central Bank of Nigeria is
Address of the Central Bank of Nigeria, Abuja
Intelligent Building,
P.M.B, 187 Abuja Tafawa Balewa Way,
Central Business District, Abuja.
Working Hours: 8a.m to 4p.m (Mondays to Fridays), Visiting days (Tuesday & Thursday) Strictly by appointment.
Phone: 0700 225 5226
Email: [email protected]
Post Office Box
P.M.B. 0187,
Garki Abuja.
Nigeria