Central Bank of Nigeria
Akintola Bouleyvard, Central Business District,
Abuja, 0187,
Nigeria
Abuja, 0187,
Nigeria
234 817 665 7060
Banking and Financial Services
Central Bank of Nigeria Technographics
Central Bank of Nigeria Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Central Bank of Nigeria and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 2000 Central Bank of Nigeria employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Central Bank of Nigeria has purchased the following applications: Temenos T24 for Core Banking in 2005, Hyperledger Fabric for Blockchain Platform in 2020, Cisco Webex Meetings for Audio Video and Web Conferencing in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Central Bank of Nigeria is running and its propensity to invest more and deepen its relationship with Temenos , Hyperledger , Cisco Systems or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Central Bank of Nigeria revenues, which have grown to $500.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Central Bank of Nigeria intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Central Bank of Nigeria Tech Stack and Enterprise Applications
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Temenos | Legacy | Temenos T24 | Core Banking | ERP Services and Operations | n/a | 2005 | 2005 |
In 2005, Central Bank of Nigeria implemented Temenos T24 for Core Banking to support the bank's central transaction processing and core account management. The implementation was delivered as part of a broader application estate that included Oracle ERP e-Business Suite and Wall Street Suite WSS, with Temenos T24 positioned as the primary Core Banking application for retail and institutional workflows.
Operational responsibilities for Temenos T24 emphasized system administration, including scheduled patch updates and server configuration management, and hands-on end-user training on both hardware and software use. The program established structured user engagement forums to gather ongoing feedback from end users and maintained a Known-Error Database to record resolved problems and incident trending, supporting repeatable incident response and knowledge reuse.
Integrations were managed between Temenos T24 and the bank's enterprise suites, specifically Oracle ERP e-Business Suite and Wall Street Suite WSS, to align core banking transactions with finance and treasury workflows. Support coverage extended across the bank's offices and territories, with application support teams handling timely issue resolution and escalation when incidents exceeded agreed timelines.
Governance was formalized through Service Level Agreements with external service providers and Ordinary Level Agreements with interdependent internal units, reinforcing accountability across IT operations and business process owners. The team participated in special projects, external audits, evaluations and process improvements, and provided after-hours support for applications and project efforts as required, maintaining continuity of Core Banking operations with Temenos T24.
|
Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Hyperledger | Legacy | Hyperledger Fabric | Blockchain Platform | Blockchain | n/a | 2020 | 2020 |
In 2020 Central Bank of Nigeria implemented Hyperledger Fabric for its eNaira central bank digital currency initiative. Central Bank of Nigeria Hyperledger Fabric Blockchain Platform was adopted as the permissioned distributed ledger technology to underpin issuance and settlement workflows for the eNaira CBDC.
The implementation leverages Hyperledger Fabric capabilities such as channel-based data partitioning, chaincode smart contracts for programmable payment and issuance rules, membership service providers for cryptographic identity and access control, and an ordering service to coordinate consensus and transaction finality. The Hyperledger Fabric application was configured to support role-based access and on-ledger policy enforcement, aligning ledger governance and transaction endorsement with central bank controls.
Operational scope centers on central bank functions for CBDC issuance, custody and retail payment orchestration, with governance anchored in permissioned network membership and certificate-based identity management. Deployment architecture emphasizes a controlled, permissioned Blockchain Platform topology with modular components for chaincode lifecycle, identity management, and ledger partitioning to meet central bank operational and auditability requirements.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cisco Systems | Legacy | Cisco Webex Meetings | Audio Video and Web Conferencing | Collaboration | n/a | 2020 | 2020 |
In 2020, Central Bank of Nigeria implemented Cisco Webex Meetings. The deployment uses Cisco Webex Meetings as an Audio Video and Web Conferencing capability embedded on the Central Bank of Nigeria website to support remote collaboration and public-facing virtual sessions. The implementation was positioned to serve enterprise communications for the 2000 employee central bank, addressing both internal meetings and stakeholder engagement.
The configuration leverages core Cisco Webex Meetings capabilities including scheduled and ad-hoc video conferencing, screen and content sharing, participant controls, and meeting recording. The web-embedded installation enables meeting initiation and join flows directly from public site links and web pages, preserving the vendor application layer and supporting browser-based clients for minimal endpoint configuration. Platform configuration emphasizes standard meeting orchestration and host management workflows consistent with Audio Video and Web Conferencing deployments.
Operational governance focuses on access controls, meeting scheduling policies, and host privilege management to balance public accessibility from the website with internal security and compliance requirements. Functional impact spans corporate communications, executive and regulatory briefings, training, and inter-department collaboration across the bank. The narrative is grounded in the bank’s web-hosted use of Cisco Webex Meetings as observed on the Central Bank of Nigeria website.
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|
|
Audio Video and Web Conferencing | Collaboration |
|
2021 | 2021 |
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Collaboration | Collaboration |
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2015 | 2015 |
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Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Trading Platform | Investment Management |
|
2024 | 2024 |
|
TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Treasury Management | TRM |
|
2008 | 2008 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2020 | 2020 |
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Content Delivery Network | IaaS |
|
2020 | 2020 |
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IT Decision Makers and Key Stakeholders at Central Bank of Nigeria
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Central Bank of Nigeria Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Central Bank of Nigeria IT executives and key decision makers. This section highlights Central Bank of Nigeria's latest recorded technology evaluations, including Temenos T24 for Core Banking on 2025-05-29 and Microsoft Excel for Enterprise Content Management on 2025-02-21. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Central Bank of Nigeria digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD Central Bank of Nigeria Technographics
Central Bank of Nigeria is a Banking and Financial Services organization based in Nigeria,
with around 2000 employees and annual revenues of $500.0 million.
Central Bank of Nigeria operates a diverse technology stack with applications such as
Temenos T24, Hyperledger Fabric and Cisco Webex Meetings,
covering areas like Core Banking, Blockchain Platform and Audio Video and Web Conferencing.
Central Bank of Nigeria has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Temenos, Hyperledger and Cisco Systems.
Central Bank of Nigeria recently adopted applications including
Bloomberg BMatch in 2024, Zoom in 2021 and Hyperledger Fabric in 2020,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Central Bank of Nigeria’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Central Bank of Nigeria’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Central Bank of Nigeria technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.