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.

Landmark Transactions

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:


  • Sole adviser and Underwriter to Seplat on acquisition of Eland Oil & Gas plc
  • Sole coordinator and underwriter for IHS US$ 500 million dual currency syndicated loan
  • Mandated lead arranger for IHS US$1.3 billion Eurobond
  • Sole adviser to MTN Nigeria on a NGN200 billion syndicated loan
  • Adviser to MTN Nigeria on its technical listing on the Nigerian stock exchange
  • Joint Global Coordinator and Joint Bookrunner on the IPO of Airtel Africa $750 million
  • Sole adviser to the TGI Group on the sale of Chi Ltd to The Coca-Cola Company
  • Advisor to MTN Nigeria on its Redemption of Preference Shares


  • Sole Adviser to MTN NGN200 billion syndicated loan
  • Adviser to Affelka SA on increase in its shareholding in Seven-Up Bottling Company
  • Sole adviser to HTN towers on its sale to IHS
  • Sole adviser to Access Bank on its acquisition of Diamond bank
  • Joint Bookrunner and Paying Agent for the Federal Republic of Nigeria US$2.5 billion 12- and 20-year Dual Tranche Eurobond
  • Joint Coordinator and Ratings Advisor for Seplat’s debut US$350 million Eurobond


  • Joint Lead Manager/Lead Arranger for Federal Republic of Nigeria US$3 billion Eurobond
  • Joint Lead Manager for Federal Republic of Nigeria US$1.5 billion Eurobond under its Global MTN
  • Zenith Bank US$500 million Eurobond
  • Africa Finance Corporation (AFC) US$500 million
  • United Bank of Africa (UBA) inaugural US$500 million Eurobond
  • Fidelity Bank US$400 million Eurobond
  • Extended loan to Accion Microfinance Bank (Accion MFB) loan of NGN500 million to drive and promote the development of the microfinance sector in Nigeria.
  • Advisor to AMCON on the sale Keystone bank


  • Access Bank Eurobond US$300 million
  • IHS Nigeria inaugural Eurobond US$800 million


  • US$2.6 billion in Eurobond issues/syndicated loans for Nigerian banks, Corporates and Sovereigns.
  • US$4 billion in term facility for corporate clients and $US1 billion in Eurobonds for the Federal Republic of Nigeria


  • Raised US$500 million Zenith Bank's Eurobond deal
  • Raised US$400 million for Access Bank's
  • Raised US$450 million for First Bank's Eurobond deal


  • Raised US$1 billion in the Eurobond market in 2013
    • US$300 million for First Bank
    • US$100 million Zenith Bank
    • US$300 million & US$100 million Fidelity Bank's

Other Transactions

  • Joint Bookrunner for the Federal Republic of Nigeria debut Eurobond in 2011.
  • Global Coordinator for the N8.465bn Debut Global Depositary Notes (GDN) for the Sovereign

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

  • Global Finance Best Corporate/Institutional Digital Bank in Nigeria 2019, 2018, 2017
  • Global Finance – Best investment bank for financial technology 2019
  • Adam Smith Awards Best in Class Treasury Solution in Africa 2019, 2016
  • Euromoney – Best bank for financing in Africa 2018, 2016
  • Euromoney – World’s Best Investment Bank, 2018
  • IFR – Best bank of the Year for Financial Institutions, 2018
  • Global Euromoney Awards for Excellence 2017 - Best Digital Bank, Best Bank for Financial Inclusion, Best Bank for Markets, Best Bank for Transaction Services (2016 & 2017)
  • Lifetime Achievement Award – African Banker Awards (2017)
  • Euromoney – Best investment Bank in Africa 2017, 2015
  • Euromoney Best Cash Management Bank for Nigeria – more than 10 years in row


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:

  • corporate and government loans
  • project finance
  • equity transactions
  • acquisition finance
  • letters of credit
  • bid and performance bonds
  • project finance advisory mandates

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.

Citi in the Community

We continue to applaud the efforts of our non-profit partners like Junior Achievement, Technoserve, LEAP Africa, United States African Development Foundation who, alongside Citi, continue to promote economic progress and improve the lives of people in low-income communities around Nigeria. Our combined efforts have seen an increase in financial inclusion, job opportunities for the youth and innovative approaches to building an economically vibrant nation.

Citi has donated more than US$1.29 million to support various IDP Projects that are run by the International Rescue Committee, United Nations Office for the Coordination of Humanitarian Affairs (UN-OCHA and Junior Achievement Nigeria (JAN).

Citi upgraded the library at Government Senior College Victoria Island as part of Lagos State Project 350 initiative, which is focused on building and sustaining the infrastructure that will help improve the academic performance of students within the state.

More than 1,600 Citi Volunteers have participated in various volunteering efforts that has impacted the lives of over 1,000 youths across Nigeria

Citi's annual diversity and Citi Women's initiatives celebrates the diverse teams at Citi and continues to encourage inclusion amongst 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.

Further Information



Emirates Payment Locations

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.

Escalation Policy (Citi Nigeria Whistleblowing Policy, Addendum)

View the Escalation Policy. Revised December 2020

Please note that you can report all whistleblowing issues and cases of any unethical activity/breach of the Bank or any of its officers. Please find details below.


Citi Nigeria Hotline: +234 1 4638400; + 234 1 2798400 ext. 2216
The Citi Ethics Hotline: +1-212-559-5842 (direct or collect)
Website submission: http://www.citigroup.com/citi/investor/ethics_hotline.html

Citibank Nigeria Limited Shared Services Agreement
Citibank Nigeria Limited (Citi) Shared Services Agreements are key to Citi’s operations in Nigeria as it boosts efficiency and enhances Citi’s service delivery. Citi has the following shared services agreements:

1. Shared Services Agreement (Compliance) between Citibank Europe Plc Poland Branch and Citibank Nigeria Limited
2. Shared Services Agreement (Human Resources) between Citibank N.A. London and Citibank Nigeria Limited
3. Shared Services Agreement (Internal Control) between Citibank N.A. London and Citibank Nigeria Limited
4. Shared Services Agreement (Risk Management – Credit) between Citibank N.A. Kenya and Citibank Nigeria Limited
5. Shared Services Agreement (Compensation Benefits) between Citibank Europe Plc Poland Branch and Citibank Nigeria Limited
6. Shared Services Agreement (Information and Communication Technology) between Citibank NA United States of America and Citibank Nigeria Limited

Central Bank of Nigeria


Branch Locations


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

34 Oba Akran 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


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


Port Harcourt
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


For More Information:

Public Affairs Office
Phone: 234 1 279 8400
Phone: 234 1 463 8400
E-mail: publicaffairs.nigeria@citi.com


Citibank Nigeria Limited
Charles S. Sankey House
27 Kofo Abayomi Street
Victoria Island
Lagos Nigeria

Management Team

Mrs. Ireti Samuel-Ogbu
Citi Country Officer

Mrs. Funmi Ogunlesi
Executive Director/Public Sector Group Europe
Middle East and Africa (EMEA)

Mrs. Nneka Enwereji
Executive Director/ Head Global Subsidiaries Group (GSG)

Mr. Oluwole Awotundun
Executive Director/Country Risk Manager Nigeria
West and Central Africa

Mrs. Ngozi Omoke-Enyi
Executive Director/Senior Country Operations Officer

Mr. Bayo Adeyemo
Country Treasurer and Head of Markets

Mr. Faisal Masood
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

Mr. Opeyemi Adojutelegan
Citi Country Compliance Officer

Mr. Gboyega Oloyede
Country Human Resource Officer

Mr. Sharaf Muhammed
Chief Financial Officer

Ms. Chidinma J. Ohajunwa
Head of Operational Risk Management (ORM)

Mr. Bolaji Ajao
Head of Internal Audit (IA)

Mrs. Lola Oyeka
Country Public Affairs Officer Nigeria and Ghana

Board of Directors

Mr. Olayemi Cardoso, Chairman
Mrs. Ireti Samuel-Ogbu, CEO
Dr. Shamsudeen Usman
Dr. Hilary Onyiuke
Dr. Daphne Dafinone
Mr. Oyesoji Oyeleke SAN
Mrs. Esther Chibesa
Mrs. Funmi Ogunlesi
Mrs. Nneka Enwereji
Mr. Oluwole Awotundun
Mrs. Ngozi Omoke-Enyi