Citi has had a presence in Nigeria since 1984. Citi is the oldest existing international bank in Nigeria, with service bank branches spread across the nation.
Citi continues to focus on competitively creating value and providing efficient service delivery to its clients while maintaining a robust risk and control environment. Citi consistently assists its clients by creating innovative solutions, which are mostly first-of-their-kind landmark structures in the market, to resolve their banking needs. Citi brings its global expertise, coupled with in-depth knowledge of the local market, to provide appropriate banking solutions.
Citi has welcomed the recent regulatory measures initiated by the Central Bank of Nigeria, as they have brought local banking standards closer to international best practices. A more transparent and rigorous regulatory regime ensures a level playing field for all market operators. Citi has taken the lead in complying with several of the recent regulatory reforms and has worked hard to build overall industry capacity in this regard.
At Citi, we also assist local clients strategically, in their adoption of best practices in their corporate governance standards.
Citi's global connectivity is highly valued by its clients in Nigeria, including Nigerian customers looking to expand their businesses beyond the shores of the country. Citi builds enduring relationships with our clients by providing them with a broad suite of strategic advisory and financing products. Over the years, Citi's clients have been able to conform to the highest global standards and as a result have been able to raise capital by tapping into international capital markets. As Nigeria's economy rebounds, Nigerian entities' appetite for innovative financing will increase. To satisfy these demands, Citi has led several landmark financings including:
Citi continues to introduce innovative products and solutions that allow our clients to have more efficient treasury functions.
Our Trade and Treasury Solutions business introduced the Multi-banking Transaction Initiation solution, which enabled corporate clients to transact business from a single platform, providing customized solutions for point-of-sale terminals transaction reporting.
Citi's Direct Custody and Clearing (DCC) business provides asset servicing and core custody functions primarily to corporations, banks, fund managers, insurance companies and other global investors through our proprietary network in 63 markets. The scale of this network, provided through our own offices and staffed with Citi experts in each market, sets Citi apart from the competition. In Nigeria, Citibank's subsidiary, Nigeria International Bank Nominees Limited is a nominee company that acts as the registered holder of securities purchased for customers of the Bank's custodial business.
Citi has offered DCC services to clients in Nigeria since 2008. DCC plays an integral role in the capital markets by providing clearing and settlement services for the trading and investing activities of our local clients as well as offering domestic market sub-custody services to banks and global custodians around the world.
Awards & Recognition
KPMG Banking Industry Customer Satisfaction survey
Treasury Today Adam Smith Awards
Banker Africa West Africa Awards
The Banker (2013)
Citi Nigeria is a member of the American Business Council (ABC)
At Citi Nigeria, we are committed to the needs of the communities in which we operate. By driving sustainability through corporate citizenship, we have developed an Environmental and Social Risk Management (ESRM) Policy that includes categorization requirements, environmental due diligence, elevated review and approval requirements for the following transaction types:
In 2003, Citi was pivotal to the development of the global Equator Principles. These standards serve as a voluntary set of guidelines for managing environmental and social risk issues. They are utilized for the funding of development programs, such as project financing and advisory with capital costs of over US$10 million.
It is important to state that these principles have been vetted by the World Bank and the International Finance Corporation (IFC). Similarly, Citi has implemented guidelines to manage risks in corporate loans, debt securities and underwritings greater than US$50 million where use of proceeds is known.
Pathways to Progress is Citi and the Citi Foundation's response to the persistent issue of youth unemployment globally. Led by the philanthropic efforts of the Citi Foundation, and strengthened by the active involvement of dedicated Citi volunteers, the Pathways to Progress initiative supports programs that help young people, ages 16-24, build an entrepreneurial mindset, acquire leadership, financial and workplace skills, and begin to engage in the formal economy through a first job. In February 2017, Citi announced an expanded three-year commitment to invest $100 million to connect 500,000 young people globally to opportunities that set them on a path towards economic success.
Global Community Day (GCD) inspires of thousands of our Citi colleagues, their friends and their families, to serve in the communities in which we work and live to convey a simple yet powerful message through volunteerism - to make a positive impact in the local community globally.
Citi Diversity, Citi Women and Citi Men initiatives celebrate the diverse teams at Citi and continue to encourage inclusion among its employees, irrespective of their gender and/or position. These initiatives are used to build strong relationships and diverse teams. Inclusive leaders are able to increase productivity, performance and engagement with employees and customers.
Citi Nigeria is also a pioneer member of the Board of Junior Achievement Nigeria (JAN).
You may pay for your Emirates booking at any of the Citibank branches listed below or at any First Bank or Access Bank branch. You may locate your nearest First Bank branch, or your nearest Access Bank branch.
Please note that you can report any unethical activity/breach of the Central Bank of Nigeria's Code of Corporate Governance by the Bank or any of its officers. Please find details below
Charles S. Sankey House
27 Kofo Abayomi Street, Victoria Island, Lagos
Telephone: +234 1 279 8400 or +234 1 463 8400
Facsimile: +234 1 270 1191
32 Warehouse Road, Apapa, Lagos
Telephone: +234 1 270 7828-31 or +234 1 460 0472-74
Facsimile: +234 1 270 7828
20 Ereko Street, Idumota, Lagos
Telephone: +234 1 773 4158
82 Allen Avenue, Ikeja, Lagos
Telephone: +234 1 270 7031 or +234 1 774 0125 / Facsimile: +234 1 270 7050
1/2 Factory Road, Aba, Abia
Telephone: +234 8 244 1650 or +234 8 222 1488
64 Effurun/Sapele Road, Warri, Delta
Telephone: +234 9 782 1995 - 6 or +234 5 325 1745
FEDERAL CAPITAL TERRITORY (F.C.T)
4 Yola Street, Area 7, Garki, Abuja, F.C.T.
Telephone: +234 9 461 0200 - 30
F1 Airport Road, Kano
Telephone: +234 6 498 0931 or +234 6 463 1884
Ajoda New Town Road, Egbeda, Oyo
Telephone: +234 803 535 4809
Bonny Pioneer Camo, Finima Bonny Island, Rivers
Telephone: +234 803 746 2741 or +234 8 255 1689
1 Trans-Amadi Road by Garrison Junction, Port - Harcourt, Rivers
Telephone: +234 8 446 1387 - 88 or +234 8 446 1390 - 91
Facsimile: +234 8 446 1389
Mr. Akin Dawodu, Citi Country Officer
Mrs. Funmi Ogunlesi, Executive Director/Public Sector Group Europe, Middle East and Africa (EMEA)
Mr. Fatai Karim, Executive Director/Head, Treasury and Trade Solutions (TTS) Client Ops SSA
Mrs. Nneka Enwereji, Executive Director/ Head Global Subsidiaries Group (GSG)
Mr. Chinedu Ikwudinma, Executive Director/Country Risk Manager
Mr. Bayo Adeyemo, Country Treasurer and Head of Markets
Mr. Mudassir Amray, Head Corporate and Investment Banking
Mr. Segun Adaramola, Head Treasury and Trade Solutions (TTS)
Mrs. Aderonke Adetoro, Securities Country Manager, Direct Custody and Clearing
Mrs. Olusola Fagbure, Country Counsel and Company Secretary
Ms. Shola Phillips, Country Compliance Officer
Mrs. Ngozi Omoke-Enyi, Senior Country Operations Officer
Mr. Gboyega Oloyede, Country Human Resource Officer
Mr. Sharaf Muhammed, Chief Financial Officer
Ms. Chidinma J. Ohajunwa, Country Operational Risk Management (ORM) Head
Mr. Bolaji Ajao, Country Internal Audit (IA) Head
Mrs. Lola Oyeka, Country Public Affairs Officer Nigeria and Ghana