Central Bank of Nigeria:: Operations Directorate

CBN Departments

Operations Directorate

Departments under this directorate are:-

Banking and Payment System
The Department has the following mandates:

Development and oversight of the national payment system policy
Deployment of the CBN payment system
Execution of domestic and foreign currency settlements and payments on behalf of the Bank and her clients (government and financial institutions)

Branch Operations
The Department has the following mandates:

Management of branch operations nation-wide
Customer relationship management

Currency Operations
The Department has the following mandate:

Development of Nigeria’s currency policy and implementation of local and foreign currency processes

Information Technology
The Department has the following mandate:

Formulation of policies, management of infrastructure and provision of services to ensure an effective and secure information and communication technology (ICT) environment in the Bank

Reserve Management

The Department has the following mandate:

Management of the Nation's foreign reserves and CBN's foreign investments

See departments under other directorates:

Please Note that the CBN does not have any other departments outside the country or at any other location besides those listed on this website, If you have received any form of correspondence naming a CBN department that is not on this list please see our 419 disclaimer.

Facts : 1/1/1965

Central Bank of Nigeria, Ibadan Branch:In the year 1965, The Central Bank of Nigeria,Ibadan Branch was opened for business.It was the third Central Bank office that was established and it brought to 4, the number of Central Bank offices in Nigeria at that time.

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