CBN (Central Bank of Nigeria)

The Central Bank of Nigeria (CBN) is the country's main financial authority, responsible for managing Nigeria's money supply, regulating banking activities, and maintaining financial stability. It issues the national currency, the Naira, and implements policies to control inflation, support economic growth, and ensure a sound banking system. The CBN also oversees commercial banks and financial institutions, setting rules to protect consumers and foster confidence in the financial sector. Essentially, it acts as Nigeria’s financial steward, ensuring the economy functions smoothly and sustainably.