CBN-CENEF New Supplimentary Admissions



CALL FOR APPLICATIONS:  Applications are invited from interested candidates into the Central Bank of Nigeria Collaborative Postgraduate Programmes (CBN-CPP). The CBN-CPP, which is the Central Bank of Nigeria’s flagship intervention in tertiary education and offering quality postgraduate education devoid of disruptions, is housed at the Central Bank of Nigeria Centres for Economics and Finance presently located at Ahmadu Bello University, University of Ibadan, and University of Nigeria Enugu campus. The courses offered include Master of Science in Accounting/Accountancy (Forensic Accounting and Auditing or Financial Accounting and Reporting), Banking and Finance (Financial Innovation & Technology or Credit & Treasury Management), and Economics (Monetary Economics, Development Economics or Financial Economics & Markets) as well as Master of Business Administration with specialization in Credit and Risk Management, Taxation, Finance, and Business Analytics.

ELIGIBILITY: The CBN-CPP is open to everyone willing to pursue enduring academic and professional careers in the relevant disciplines in both the private and public sectors. Specifically, the programme is meant for: (i) applicants from relevant public sector organizations; (ii) applicants attached to, or being sponsored by private institutions, or organizations as part of their staff development programmes, and (iii) independent applicants on self-sponsorship.

ADMISSION REQUIREMENTS: Interested candidates must possess a minimum of Second-Class Honours (Upper Division) Bachelor’s Degree in related fields and must have completed the mandatory NYSC Programme.

DURATION AND MODE OF STUDY: The duration of each programme shall be a maximum of four (4) semesters and strictly full time. It shall consist of teaching/course work, research (dissertation), oral/written examination, and case studies.

AWARD OF DEGREE/ GRADUATION: Graduation requirements shall be as determined by the Senate of each University and subject to meeting the minimum academic requirements prescribed by the National Universities Commission (NUC).

METHOD OF APPLICATION: Interested candidates should apply online through with a link to the portals of postgraduate school/College of the participating universities of their choice (,, and and subject to the payment of a non-refundable application fee as prescribed by the universities.

TUITION FEES: The tuition fees are N600,000.00 for Master of Science degree programmes and N1,000,000.00 for Master of Business Administration per programme. The fees are payable either in full once or at most in two installments of N 400,000.00 and N 600,000.00 respectively once in the first year, and the balance of N 200,000.00 and N 400,000.00 once in the second year.


(i)           Application closes 30th April 2022

(ii)           Aptitude Test/Interview: May 11 -13, 2022.

(iii)          Release/Publication of Admission list and issuance of admission letters:  May 13, 2022.

(iv)          Commencement of Lectures: 1st June 2022.


CBN Commits N63bn In Nine Varsities’

Over the years, members of the academia—students and lecturers alike—have bewailed the dilapidating infrastructure and obsolete facilities in Nigerian varsities. While some students attribute their poor performance to the infrastructural deficits, lecturers continue to point out that the learning environment is not to be neglected, if students are expected to get the best of their learning experience.

In response to these growing concerns, the Central Bank of Nigeria commenced its capacity building program with an objective of installing modern infrastructures in universities across the nation. The pilot scheme of this program kicked off in first-generation universities such as the University of Ibadan, Ahmadu Bello University, Zaria, University of Lagos, and University of Nigeria, Nsukka. By the end of the pilot scheme, the program had seen the installation of structures such as administrative blocks, health centres, lecture halls, and science laboratories.

Following the successful execution of the pilot scheme, the program has been scaled up to include other major projects. Notable among them, is the CBN-CENEF (Central Bank Centres for Economics and Finance). This is a sub-sector educational intervention with an aim to train highly qualified professionals in fields such as Economics, Finance, and Business Administration.

Currently, nine universities have been selected to serve as participating universities. These universities are located in Zaria, Nsukka, Ibadan, Lagos, Port Harcourt, Jos, Kano, Maiduguri and one other. The participating universities were carefully selected to spread impact across all the geo-political zones of Nigeria.

While, these projects have been completed in Zaria (Ahmadu Bello University), Ibadan (University of Ibadan), and Nsukka (University of Nigeria), the other six are underway. In order to see to the completion of the projects across the nine varsities, the Central Bank of Nigeria has made a commitment to the tune of 63bn Naira. According to the Central Bank Governor, Mr. Godwin Emefiele, each of the structure is estimated to cost at least 7bn Naira.

CBN CPP Draft Admission

Admission Into Postgraduate Degree Programs In Accounting, Banking & Finance, Business Administration And Economics For 2019/2020 Academic Session

Call For Applications

The Central Bank of Nigeria Collaborative Postgraduate Program (CBN-CPP) hereby brings to the notice of the general public that applications are now being received for postgraduate programs in Accounting, Banking and Finance, Business Administration, and Economics.

According to CBN-CPP, the applications are being received as a part of steps to enrollment in any of her centres of excellence, which are: Ahmadu Bello University, Zaria; University of Ibadan, Ibadan; and University of Nigeria, Nsukka. Although the CBN-CPP is housed in the Central Bank of Nigeria, these fully-equipped centres of excellence make up the campuses and learning environment.

Who Can Apply?
CBN-CPP is the Bank’s flagship intervention in the education sub-sector with an objective to produce a critical mass of well-educated postgraduate degree holders in the fields of Accounting, Banking and Finance, Business Administration and Economics for the financial services industry, and the Nigerian economy as a whole.

Hence, the programs are carefully tailored for three categories of applicants, namely:
Applicants from related career paths or relevant public-sector organizations
(ii) applicants affiliated to, or receiving sponsorship from private institutions or organizations as part of their staff development programs, and
(iii) independent applicants on self-sponsorship.

Who is Eligible?
The CBN-CPP considers eligible candidates to be those with the following:
-possess a minimum of Second Class Honours (Upper Division) Bachelor’s Degree in related fields from a recognized university
-have completed the mandatory NYSC program.
-possess professional qualifications such as ACA, ACCA, CIMA, CIIN, ACIPM, AMNIN and ACIB (Not compulsory but will have added advantage for applicants looking to enroll into the MBA program).
-willingness to devote a minimum of 4 semesters for full time studies consisting of course work, research (dissertation), case studies, and oral/written examinations

How Can I Apply?
Application is completed online through where prospective students are linked up with the postgraduate schools of their most preferred centre of excellence, also known as the participating institutions subject.
As part of the application, a non-refundable payment of N20,000.00 is made as application fee. Instructions on payment modes are available at

Application Timeline:
August 23, 2019: Application Deadline
August 28 -30, 2019: Aptitude Test/Interview Date
September 13, 2019: Publication of successful candidates’ names on participating University website and, and subsequent notification via e-mail.