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CBN-NNPCL Collaboration

 

CBN-NNPC Collaboration

L- R: Mr. Muhammad Sani Abdullahi, Deputy Governor, Economic Policy, Central Bank Of Nigeria; Mr.Umar Ajiya, Chief Financial Officer, the Nigerian National Petroleum Company Limited (NNPCL); Mr. Olayemi Cardoso, Governor, Central Bank of Nigeria; Mele Kyari, Chief Executive Officer, NNPCL; and Ms. Emem Usoro, Deputy Governor, Operations, Central Bank Of Nigeria; during a collaborative meeting on Tuesday, February 8, 2024.

 

Facts : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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