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The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. [3] The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country; promote monetary stability and a sound financial environment, and act as a banker of last resort ...
Olayemi Michael "Yemi" Cardoso (born 10 July 1957) is a Nigerian banker who is the governor of the Central Bank of Nigeria. [2] He previously served as the Commissioner for Economic Planning and Budget of the Lagos State Government.
The committee was established to oversee the nation's banking sector, currency regulation, and financial policies. Its creation is rooted in the Constitution of the Federal Republic of Nigeria, which empowers the National Assembly to form committees necessary for the effective execution of its legislative responsibilities.
Philip Chukwuemeka Ikeazor is a Nigerian banker who has served as the Deputy Governor for Financial System Stability at the Central Bank of Nigeria. [1] [2]He was appointed by President Ahmed Bola Tinubu on 15 September 2023, [3] [4] and confirmed by the Nigerian Senate on the 26th of September, 2023.
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Bala Mohammed Bello is a Nigerian banker who serves as the Deputy Governor of Corporate Services at the Central Bank of Nigeria. [1] He was appointed by President Bola Tinubu in September 2023. [2] He is a member of the bank's Monetary Policy Committee. [3]
Edward Lametek Adamu is a Nigerian quantity surveyor, business consultant, and leadership strategist who served as the Deputy Governor of the Central Bank of Nigeria.He was nominated for the position by president Muhammadu Buhari on 1 February 2018, to replace Suleiman Barau, who retired in December 2017. [1]
Folashodun Adebisi Shonubi (born 7 March 1962) is a Nigerian economist who served as the acting governor of the Central Bank of Nigeria from 9 June to 15 September 2023. [1] [2] [3] He was the deputy governor (Operations Directorate) under the former CBN governor Godwin Emefiele until his suspension. [4] He resigned from the central bank in ...