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About CBN

History | Our Mission & Vision | Branches | Organogram | Departments | The Board | Past and Present Governors

Our Core Values

Culture Values Target Behavior
Meritocracy Empowerment
  • Staff are given decision making responsibility, adequate authority, as a result of their competence and allowed to use their initiative and judgment
  • Staff are given the power to reward performance and sanction delinquent behaviour
  • Staff are given an enabling environment and appropriate work tools
  • Individuals are not unduly sanctioned for mistakes but are encouraged to learn and build from experience
     
  Performance
  • We are strongly committed to the setting and achievement of our goals and targets
  • There is a clear definition and understanding of the performance management process by everyone
  • Requisite skills acquisition procedures and interventions are put in place
  • Adequate/ suitable work tools and training opportunities are provided for staff
  • Our performance management process is monitored to ensure that it is transparent, timely and consistent
     
  Professionalism
  • We exhibit professional conduct and sound judgment in standards and service. We are objective and focused on issues
  • We strive to achieve and comply with best practice standards
  • Internal and external bench marking are institutionalised in CBN and serve as a continuous measure of excellence

Learning Self
Development
  • Our management and staff have the quest for self development and talent development, coaching and counselling
  • Every CBN person displays a willingness to learn new things and respond to challenges
  • CBN management actively encourages and promotes self development
     
  Teamwork
  • Our management and staff consult each other in teams. We pool resources and expertise to achieve our set goals. We have mutual trust and honest feedback at all levels. We practice open communications and freedom of expression without fear of reprisal. We have respect for each individual, no matter how junior or senior
     
  Continuous
Improvement
  • We continuously strive for excellence and improvement by accepting challenges, rotating jobs and searching for knowledge
  • Learning is entrenched as a continuous process and adequately funded

Leadership Vision
  • We have a vivid concept/ mental picture of where CBN wants to be as it relates to the future
     
  Courage
  • We are able to make bold decisions in the best interests of the Bank without giving way to fear, pressure or intimidation
  • CBN leaders walk their talk
  • CBN leaders are forthright and selfless
  • CBN leaders display accountability and boldness for actions taken
     
  Integrity
  • We have high ethical standards, are a responsible employer, and promote the image of the Bank
  • The leadership cadre in CBN are transparent and accountable
  • CBN leaders live and lead by example

Customer Focus Responsiveness
  • We respond efficiently and effectively to our customers, solving their problems and adding value to our interaction with them
  Innovation
  • We are constantly designing new challenging and dynamic ways of providing quality service and products to our customers
  Proactivity
  • We anticipate problems, challenges, changes and trends and we act in advance to provide solutions

Read more on Project EAGLES
See Frequently Asked Questions on Project EAGLES

Facts : 2/1/1933
Indigenous Banking in Nigeria:The story of indegenous banking in Nigeria began with the establishment of the National Bank of Nigeria Limited in February 1933. This was followed by the Agbonmagbe Bank Limited in 1945, now Wema Bank. Afterwards, the African Development Bank Limited, now known as African Continental Bank Plc., was constited in 1948.
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