The CBN Central Bank Of Nigeria legal backing for monetary policy by the Bank derives from the various statutes of the bank such as the CBN Act of 1958 as amended in CBN Decree No. 24 of 1991, CBN Decree Amendments 1993,No. 3 of 1997,No. 4 of 1997,No. 37 of 1998,No. 38 of 1998,1999 and CBN Act of 2007. Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended).
In order to facilitate the attainment of price stability and to support the economic policy of the Federal Government, there shall be a Committee of the Bank known as the Monetary Policy Committee (in this Act referred to as “the MPC”).
The CBN Monetary Policy Committee Members
- The Governor of the Bank who shall be the Chairman
- The four Deputy Governors of the Bank
- Two members of the Board of Directors of the Bank
- Three members appointed by the President; and
- Two members appointed by the Governor
CBN Nigeria Office Addresses In Nigeria
Branch: | Abakaliki, ABA – Branch | |
Address: | No. 1 Nwene Street, Off Ezza Road, Abakiliki, Nigeria – | |
State: | Ebonyi State | |
Telephone: | + |
Lagos, IKE – Branch | |
Address: | Tinubu Sqare, Nigeria – P.M.B. 12194, Lagos |
State: | LAGOS State |
Telephone: | +(234) 01 2660100, 2660934, 2660624, 2660647 |
Branch: | Abeokuta, ABE – Branch | |
Address: | Ibrahim Babangida Boulevard, Abeokuta, Nigeria – P.M.B. 2217, Abeokuta | |
State: | Ogun State | |
Telephone: | +(234) 039 241608 | |
Fax | +(234) 039 242 569 |
Branch: | Abuja, ABU – Branch | |
Address: | Zaria Street, Garki II, Nigeria – P.M.B. 0187, Garki, Abuja | |
State: | Abuja FCT | |
Telephone: | +(234) 09 2342132-4, 234332-6 | |
Fax | +(234) 09 23435363 |
Branch: | Ado-Ekiti, ADO – Branch | |
Address: | Secretariat road, Ado-Ekiti, Nigeria – P.M.B. 5458 | |
State: | Ekiti State | |
Telephone: | + |
Branch: | Akure, AKU – Branch | |
Address: | Old Secretariat Road, Nigeria – P.M.B. 805, Akure | |
State: | Ondo State | |
Telephone: | +(234) 034 241381 | |
Fax | +(234) 034 241801 |
Branch: | Asaba, ASA – Branch | |
Address: | Along Benin_Onitsha Expressway, Asaba. , Nigeria – | |
State: | Delta State | |
Telephone: | +08059583100, 08033528953 |
Branch: | Bauchi, BAU – Branch | |
Address: | Off Ahmedu Bello Way, Nigeria – P.M.B. 0159, Bauchi | |
State: | Bauchi State | |
Telephone: | +(234) 077 543608, 543188 | |
Fax | +(234) 077 542702 |
Branch: | Benin, BEN – Branch | |
Address: | 1, Akpakpava Road, Nigeria – P.M.B. 1120, Benin City | |
State: | Edo State | |
Telephone: | +(234) 052 253949 | |
Fax | +(234) 052 253363 |
Branch: | Birnin- Kebbi, BIR – Branch | |
Address: | Sultan Abubakar road, Birnin Kebbi, Nigeria – | |
State: | Kebbi State | |
Telephone: | + |
Branch: | Calabar, CAL – Branch | |
Address: | 8, Calabar Road, Nigeria – P.M.B. 1029, Calabar | |
State: | Cross River State | |
Telephone: | +(234) 087 232052, 230014 | |
Fax | +(234) 087 231172 |
Branch: | Damaturu, DAM – Branch | |
Address: | 2 GRA Road,behide Central Mosque,Damaturu, Nigeria – | |
State: | Yobe State | |
Telephone: | + |
Branch: | Dutse, DUT – Branch | |
Address: | Sanni Abacha Way, Dutse, Nigeria – PMB 7155, Dutse | |
State: | Jigawa State | |
Telephone: | + |
Branch: | Enugu, ENU – Branch | |
Address: | 3, Garden Avenue, Nigeria – P.M.B. 1039, Enugu | |
State: | Enugu State | |
Telephone: | +(234) 042 252378, 252175 | |
Fax | +(234) 042 252702 |
Branch: | Makurdi, GBO – Branch | |
Address: | Shitu Alao Road, Nigeria – P.M.B. 102368, Markurdi | |
State: | Benue State | |
Telephone: | +(234) 044 533397 | |
Fax | +(234) 044 531919 |
Branch: | Gombe, GOM – Branch | |
Address: | Off Shehu Abubakar Road Opposite Deputy Governors , Nigeria – | |
State: | Gombe State | |
Telephone: | +08037851323,08063672163 |
Branch: | Gusau, GUS – Branch | |
Address: | J.B.Yakubu St.Opposite Access Bank,Gusau, Nigeria – | |
State: | Zamfara State | |
Telephone: | + |
Branch: | Ibadan, IBA – Branch | |
Address: | Oba Adebimpe Road, Nigeria – P.M.B. 5281, Ibadan | |
State: | Oyo State | |
Telephone: | +Ibadan 02 2414645, 2413116, 2412142 | |
Fax | +(234) 02 2412250 |
Branch: | Ilorin, ILO – Branch | |
Address: | 1, Sulu Gambari Road, Nigeria – P.M.B. 1365, Ilorin | |
State: | Kwara State | |
Telephone: | +(234) 031 221662, 221669 | |
Fax | +(234) 031 223 088 |
Branch: | Jalingo, JAL – Branch | |
Address: | Barde Way,Opposite PHCN Office, Jalingo, Nigeria – | |
State: | Taraba State | |
Telephone: | + |
Branch: | Jos, JOS – Branch | |
Address: | 4, Noad Avenue, Nigeria – P.M.B. 2080, Jos | |
State: | Plateau State | |
Telephone: | +(234) 073 452626 | |
Fax | +(234) 073 454352 |
Branch: | Kaduna, KAD – Branch | |
Address: | 1A Yakubu Gowon Way, Nigeria – P.M.B. 2126, Kaduna | |
State: | Kaduna State | |
Telephone: | +(234) 062 291198,(234) 062 291199 | |
Fax | +(234) 062 233598 |
Branch: | Kano, KAN – Branch | |
Address: | 4A, Lagos Street, Nigeria – P.M.B. 3025, Kano | |
State: | Kano State | |
Telephone: | +(234) 064 633160, 633239 | |
Fax | +(234) 064 630609 |
Branch: | Katsina, KAT – Currency Centre | |
Address: | WTC Road, Katsina, Nigeria – P.M.B. 2151, Katsina | |
State: | Katsina State | |
Telephone: | +(234) 065 31674 | |
Fax | +(234) 065 32166 |
Branch: | Lafia, LAF – Branch | |
Address: | Shendam Road, Lafia, Nigeria – | |
State: | Nassarawa State | |
Telephone: | + |
Branch: | Lokoja, LOK – Currency Centre | |
Address: | Goverment House Road, Opposite Government House Lo, Nigeria – | |
State: | Kogi State | |
Telephone: | +08037851323,08063672163 |
Branch: | Maiduguri, MAI – Branch | |
Address: | 3, Kirikasama Road, Nigeria – P.M.B. 1177, Maiduguri | |
State: | Borno State | |
Telephone: | +(234) 076 231672 | |
Fax | +(234) 076 235732 |
Branch: | Minna, MIN – Branch | |
Address: | Paiko Road, Minna, Nigeria., Nigeria – P.M.B. 15, Minna | |
State: | Niger State | |
Telephone: | +(234) 066 221100 | |
Fax | +(234) 066 221290 |
Branch: | Osogbo, OSO – Currency Centre | |
Address: | Plot 4 Gbogon Road, Osun GRA, Oshogbo. , Nigeria – | |
State: | Osun State | |
Telephone: | 08054485090,08023092059,08035905595 |
Branch: | Owerri, OWE – Branch | |
Address: | New Okigwe Road, Nigeria – P.M.B. 1520, Owerri | |
State: | Imo State | |
Telephone: | +(234) 083 234378 | |
Fax | +(234) 083 234460 |
Branch: | Port Harcourt, POR – Branch | |
Address: | 2 Bank Road, Nigeria – P.M.B. 5134 Port Harcourt | |
State: | Rivers State | |
Telephone: | +(234) 231019 | |
Fax | +(234) 084 230539 |
Branch: | Sokoto, SOK – Branch | |
Address: | Gusau Road, Nigeria – P.M.B. 2393, Sokoto | |
State: | Sokoto State | |
Telephone: | +(234) 060 235071 | |
Fax | +(234) 060 232887 |
Branch: | Umuahia, Umu – Currency Centre | |
Address: | Commissioners Quarters, Umuahia. , Nigeria – | |
State: | Abia State | |
Telephone: | + |
Branch: | Uyo, Uyo – Currency Centre | |
Address: | Plot 13 & 14 Abak Road, Nigeria – P.M.B. 1218, Uyo | |
State: | AkwaIBom State | |
Telephone: | +(234) 085 203660 | |
Fax | +(234) 085 203489 |
Branch: | Yenegoa, YEN – Branch | |
Address: | 21 Osiri road, Ekeki Yenegoa, Nigeria – | |
State: | Bayelsa State | |
Telephone: | + |
Branch: | Yola, YOL – Branch | |
Address: | CBN Galadima Aminu Road, Nigeria – P.M.B. 2121, Yola | |
State: | Adamawa State | |
Telephone: | +(234) 075 62539 | |
Fax | +(234) 075 626013, 626588 |