Press Release on CSWAMZ -Monday, August 16, 2010
The College of Supervisors of the West African Monetary Zone (CSWAMZ) holds an inaugural meeting August 16 – 17, 2010 at the Central Bank of Nigeria, Corporate Headquarters, Abuja, to fine-tune strategies for cross-border supervision in the sub-region. Click here for details
Press Release - CBN Partners Alliance for a Green Revolution in Africa (AGRA) to Stimulate Agric Financing -Monday, August 09, 2010
The Central Bank of Nigeria,(CBN ) today signed a landmark agreement with the Alliance for a Green Revolution in Africa (AGRA) to develop a new innovative mechanism for unlocking billions of Naira of financing to serve the needs of all farmers, especially smallholder farmers, agro-processors, agribusinesses and input suppliers in the agricultural value chain. AGRA is an Africa based organization working in partnership with governments, agricultural research organizations, farmers, private sector, civil society and other rural development stakeholders to significantly and sustainably improve the productivity and incomes of resource poor farmers in Africa. Click here for details
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.
($400,000)
