Job Scam Alert! 2023/2024 CBN recruitment is currently not ongoing! 

Their is currently a wave of CBN job scam out there. Our resolve is to keep our esteemed readers properly informed so as not to fall victim of such job scams. The Central bank of Nigeria (CBN), established in 1958 spearheads the Nigerian banking and financial system. The organization is responsible for the country's financial development, monetary policy, payment system, currency, reserve management, and financial stability. 

Functions of the CBN

Led by the current governor of the organization, Godwin Emefiele, the CBN performs the following functions: 

• Production and distribution of naira notes

• Secures and regulates the value of the legal tender currency 

• Facilitates an impressive financial system in Nigeria. 

• Provides financial advice to the federal government of Nigeria

• Ensures financial stability 

• Creates monetary policy

• Aids the government in budget preparation.

• Serves as a lead for commercial banks

What's happening?

Recently, there has been a surge in the number of fake recruitment advertisements on the internet, impersonating different organizations including the Central Bank of Nigeria. Although the CBN has vacancies from time to time, currently there are no vacancies available, and this information has been made clear on its official recruitment website. 

When will the CBN recruit?

The CBN is a thoroughly organized body; therefore, it will inform the public of its intention to recruit when the time comes. However, if you need to be certain, you can visit the recruitment portal to receive the right information. 

What skill/field does the CBN recruit?

Usually, CBN publishes the available positions and skills it needs at the point of recruitment. However, some common roles that may be open at the organization include the following: 

• Accountants

• Data analysts

• Financial analysts

• Credit analysts

• Branch Managers

• Human resource specialist

• Bank supervisor

• Risk management specialist 

• Legal officers

• Administrative officers

• ICT specialists

• Cleaners

• Janitors

• Secretaries

• Drivers

• Economists

How much salary does the CBN pay its workers?

The central bank of Nigeria has a salary structure it strictly adheres to. For graduate trainees, the salary is usually within the range of NGN 60,000 to NGN 100,000 monthly. Coupled with the salary, they receive an allowance upon completion of training as a freshly hired worker. 

Depending on the department/unit, entry-level staff of the CBN earn a monthly salary of about NGN 122,000 which increases as the years spent with the organization increases. While loan officers are paid a monthly salary of NGN 573,000 monthly, credit analysts at CBN earn about NGN 673,000 monthly. When an employee is promoted to the position of branch manager or a higher role, such a person begins to earn about NGN 700,000 monthly. 

You can get valid information about CBN recruitment by reaching out and connecting with them on:

• Phone: +234 700 225 5226

• Website: Central Bank of Nigeria

• Facebook: Central Bank of Nigeria

• Instagram: @centralbankng

• Twitter: @cenbank

• YouTube: @cenbank

• LinkedIn Central Bank of Nigeria

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