The bank owned by the Nigerian government is the Central Bank of Nigeria.
The Central Bank of Nigeria (CBN) is entirely state-owned, meaning it is 100% owned by the Nigerian government. As the nation's primary monetary authority, it is responsible for issuing currency, managing monetary policy, and supervising the banking system.
Here are some key details about the Central Bank of Nigeria:
| Feature | Detail |
|---|---|
| Ownership | 100% state-owned by the Nigerian government |
| Role | Central bank of Nigeria |
| Currency | Nigerian Naira (NGN) (ISO 4217) |
| Governor | Olayemi Cardoso |
| Reserves | 28.28 billion USD (as of reference information) |
| Function | Monetary policy, financial system stability, currency issuance |
For more information, you can refer to the Central Bank of Nigeria on Wikipedia.
