List of CBN Branches in Nigeria and their Locations

0 Shares

Central banks are financial institutions of nation-states that have responsibilities of control and manipulation of the nation’s money supply and the regulation of the commercial banking system. In Nigeria, the Central Bank of Nigeria officially commenced operation as the apex bank on July 1, 1959, backed by the CBN Act of 1958.

The headquarters of the Central Bank of Nigeria is in Abuja, while there are branches in the thirty-six (36) states of the country. The comprehensive lists of all the Central Bank of Nigeria(CBN)  branches and their locations are listed below:

List of CBN Branches in Nigeria and their Locations

Abuja: Head Office Complex

  • Central Bank of Nigeria, Zaria Street, Garki II, P.M.B. 0187, Cadastral Zone, Garki, Abuja, Federal Capital Territory (FCT)

Abia

  • Central Bank of Nigeria, Commissioners Qtrs., Umuahia, Abia State

Adamawa

  • Central Bank of Nigeria, CBN Galadima Aminu Rd., P.M.B. 2121, Yola, Adamawa State

Akwa Ibom

  • Central Bank of Nigeria, Banking Layout, Udo Udoma Avenue, Uyo, Akwa Ibom State

Anambra

  • Central Bank of Nigeria, No. 37, Azikiwe Avenue, Awka, Anambra State

Bauchi

  • Central Bank of Nigeria, Off Ahmedu Bello Way, P.M.B. 0159, Bauchi, Bauchi State

Bayelsa

  • Central Bank of Nigeria, No. 21, Osiri Road, Eketi, Yenegoa, Bayelsa State

Benue

  • Central Bank of Nigeria, Shittu Alao Road, P.M.B 102368, Makurdi,  Benue State

Borno

  • Central Bank of Nigeria, No. 3, Kirikasama Road, P.M.B. 1177, Maiduguri, Borno State

Cross River

  • Central Bank of Nigeria, No. 8, Calabar Road, P.M.B. 1029, Calabar, Cross River

Delta

  • Central Bank of Nigeria, Mariam Babaginda Rd., Central Area 320108, Asaba, Delta State

Ebonyi

  • Central Bank of Nigeria, No. 1, Nwene Street, Off Ezza Road, Abakiliki, Ebonyi State

Edo

  • Central Bank of Nigeria, No. 1, Akpakpava Road, Aubiama, Benin City, Edo State

Ekiti

  • Central Bank of Nigeria, Secretariat Road, P.M.B. 5458, Ado – Ekiti, Ekiti State

Enugu

  • Central Bank of Nigeria, No. 3, Garden Avenue, P.M.B. 1039, Enugu, Enugu State

Gombe

  • Central Bank of Nigeria, Off Shehu Abubakar Road, Opp. Deputy Governor’s Lodge, Gombe, Gombe State

Imo

  • Central Bank of Nigeria, New Okigwe Rd., P.M.B. 1520, Owerri, Imo State

Jigawa

  • Central Bank of Nigeria, Sanni Abacha Way, P.M.B. 7155, Dutse, Jigawa State

Kaduna

  • Central Bank of Nigeria, No. 1A, Yakubu Gowon Way, P.M.B. 2126, Kaduna, Kaduna State

Kano

  • Central Bank of Nigeria, No. 4A, Lagos Street, Kano. P.M.B. 3025, Kano State

Katsina

  • Central Bank of Nigeria, WTC Road, P.M.B. 2151, Katsina, Katsina State

Kebbi

  • Central Bank of Nigeria, Sultan Abubakar Road, Birnin-Kebbi, Kebbi State

Kogi

  • Central Bank of Nigeria, Government House Road, Opposite Government House, Lokoja, Kogi State

Kwara

  • Central Bank of Nigeria, No. 1, Sule Gambari Road, P.M.B. 1365, Illorin, Kwara State

Lagos

  • Central Bank of Nigeria, Tinubu Square, Custom Street, Marina Road, Lagos Island, Lagos State

Nasarawa

  • Central Bank of Nigeria, Shendam Road, Lafia, Nasarawa State

Niger

  • Central Bank of Nigeria, Paiko Road, Minna, Niger State

Ogun

  • Central Bank of Nigeria, Ibrahim Babanginda, Abeokuta, P.M.B. 2217 Abeokuta, Ogun State

Ondo

  • Central Bank of Nigeria, Old Secretariat Road, P.M.B. 0805, Akure, Ondo State

Osun

  • Central Bank of Nigeria, Plot 4 Gbogon Road, Osun G.R.A., Oshogbo, Osun State

Oyo

  • Central Bank of Nigeria, Oba Adebimpe Road, P.M.B. 5281, Ibadan, Oyo State

Plateau

  • Central Bank of Nigeria, No. 4 Noad Avenue, P.M.B. 2080, Jos, Plateau State

Rivers

  • Central Bank of Nigeria, No. 3 Bank Road, P.M.B. 5134, Port-Harcourt, Rivers State

Sokoto

  • Central Bank of Nigeria, Gusau Road, Sokoto, P.M.B. 2393, Sokoto State

Taraba

  • Central Bank of Nigeria, Barde Way, opposite PHCN office, Jalingo, Taraba State

Yobe

  • Central Bank of Nigeria, No. 2 G.R.A. Road, Behind Central Mosque, Damaturu, Yobe State

Zamfara

  • Central Bank of Nigeria, J. B. Yakubu Street, opposite Access Bank, Gusau, Zamfara State

Conclusion

The Central bank of Nigeria is the apex bank of Nigeria and is responsible for the performance of core duties. One is the role of managing the currency and monetary policies by the issue of currency, setting of interest loans and bonds. The Central bank can tweak the interest rates to spur growth and consumer spending by reducing or incrementally to tackle inflation and slow growth. The legal ability that supports the issuance of banknotes and cash is a core function of the Central Bank of Nigeria, which distinguishes the CBN from other banks.

The regulation of the commercial banks is another major function of the Central Bank of Nigeria as it determines the capital requirements, reserve requirements, and deposit guarantees. The CBN is responsible for approving grants and granting licenses for banks and other financial institutions. The governments and commercial banks turn to the Central Bank of Nigeria (CBN) as a last resort lender.

Sustainable economic growth is a goal that the Central Bank of Nigeria (CBN) seeks to actualize. The Central Bank of Nigeria(CBN) is charged with development financing geared towards agriculture, rural development, and small and medium enterprises intended to spur economic growth within the country.

Furthermore, the Central Bank of Nigeria is responsible for the management of the foreign reserves of Nigeria as stated by Section 2(c) of the CBN Act of 2007, and safeguarding the Naira’s value by the maintenance of confidence in the country’s exchange rate policies as well as projecting confidence to the international community of Nigeria’s capability of meeting obligations required of the country, is core objectives of the Central Bank of Nigeria (CBN). External reserve management(or foreign reserve management) ensures that the country earns within tolerable limits, provides liquidity and preservation of the country’s capital.

So, the location of the Central Bank of Nigeria(CBN) in all the states of the country including the

Federal Capital Territory Abuja ensures that the scope of CBN’s responsibilities is executed effectively.




Searching for the ways to make money online? Try online trading with FBS. Trade Forex, crypto, stocks & other assets. Enjoy $140 Level Up Bonus, Cashback with up to $15 per lot & many more. Low spreads, 24/7 withdrawals, multilingual support. Open an account now!



0 Shares

Leave a Reply

error: Content is Read-Only!!