Charles S. Sankey House, 27, Kofo Abayomi Street, Victoria Island, Lagos, Nigeria.
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:
Joint Bookrunner for the Federal Republic of Nigeria debut Eurobond in 2011.
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.
Global Finance Magazine Awards 2017 Best Corporate/Institutional Digital Bank in Nigeria
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.
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.
ROYAL EAGLE BROTHERHOOD, Enugu state, Obolo, Nsukka, Enugu state, Australia.
Royalty Temple., Enugu state, Nsukk, Nsukka, Enugu state, Australia.
HARVARD BLVD, 1300 N HARVARD BLVD LOS ANGELES CA 90027-5714 USA, los angelos, California, India.
Financial Services business loan Urgent loan offer apply now, United States, United States, United States, United States.
BUSINESS LOAN & PERSONAL LOAN (APPLY NOW FAST AND EASY), DO YOU NEED A FINANCIAL HELP? ARE YOU IN ANY FINANCIAL CRISIS OR DO YOU NEED FUNDS TO START UP YOUR OWN BUSINESS? DO YOU NEED FUNDS TO SETTLE YOUR DEBT OR PAY OFF YOUR BILLS OR START A GOOD BUSINESS? , United States, United States, United States.
10, Amodu Ojikutu Street, Off Saka Tinubu Street, Victoria Island, Lagos, Nigeria.
Plot 72, Ahmadu Bello Way, Central Business District, Abuja, Nigeria.
73, Ralph Shodeinde Street, Central Business District. P.M.B. 31, Garki, Abuja, Nigeria.