Central Bank of Nigeria
Nigeria
Founded in
1958 (68 Years)
Founded
Last online: No recent activity
OVERALL SCORE
Others
3/10
Reviews
55/90
38 reviews
Provided by TrustFinance
OVERALL SCORE
Others
3/10
Reviews
55/90
38 reviews
Provided by TrustFinance
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Security Information
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Central Bank of Nigeria
Company Information
Get to know Central Bank of Nigeria
Established by the CBN Act of 1958 and commencing operations on July 1, 1959, the Central Bank of Nigeria is the nation's chief regulatory authority for the financial sector. Its core mission is to ensure monetary and price stability. The CBN's mandate includes issuing legal tender, maintaining Nigeria's external reserves to safeguard the currency's international value, promoting a sound financial system, and acting as the official banker and financial advisor to the Federal Government of Nigeria.
Industry
- Financial BankingPRIMARY
- Financial Other Service
Contact
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Reviews
Highlight Review
Review Analytic
A
Aderibigbe Yusuf
Direct
Excellent
Overall Thought
Central Bank of Nigeria (CBN) is the bedrock of our nation's financial security and economic stability. Their commitment to safeguarding our financial system is unwavering, and their customer service team's expertise is exceptional. CBN's management of our nation's economy is nothing short of exemplary. Their policies and interventions have consistently led to economic stability and growth. Through their efforts, they've ensured that Nigeria stands strong, even in the face of global economic challenges
Aug 29, 2023
Echo
Direct
Excellent
Overall Thought
The Central Bank of Nigeria (CBN) plays a pivotal role in the nation's financial landscape, CBN's dedication to maintaining financial stability and promoting economic growth in Nigeria is amazing 👏. Their pivotal role in the country's financial sector is crucial, and I'm impressed by their efforts.
Aug 26, 2023
Yusuf Garba Yargamji
Direct
Excellent
Overall Thought
Giant of all, and of course the central, I consider central bank the all in one banking management, coz it is the regulatory body for all banks in Nigeria, No doubt, the services brought by the whole banks in Nigeria are regulated by the central bank, an as a result, reliable security for our funds in the private financial bodies are duly ensured. The reputation of this giant body is nothing short of a fortune. Kudos the FGN and Central Bank
Aug 25, 2023
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