The Central Bank of Nigeria (CBN) has reiterated its dedication to fostering financial inclusion, enhancing productivity, and achieving monetary and price stability.
This commitment was reinforced during the Lagos and Abeokuta Fairs, which centered on the theme: “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development.”
At the event, Mrs. Hakama Sidi Ali, Acting Director of the Corporate Communications Department, highlighted the significance of the forum as a platform for direct engagement with the public and key stakeholders. She emphasized the Bank’s long-term objectives of economic sustainability, stressing the importance of clean currency notes and urging Nigerians to treat the naira with respect, recognising it as a symbol of national identity.
The CBN Fair focused on key issues such as strengthening value chains that support small and medium enterprises (SMEs) and other sectors vital to maintaining price stability. Presentations from senior CBN officials offered insights into the Bank’s role in the microfinance sector, the protection of the naira, and efforts to expand financial access for all Nigerians.
The event featured in-depth discussions on agent banking, mobile money, open banking, and the cashless policy, providing practical guidance on consumer rights, counterfeit detection, and the security features of the naira.
These sessions aimed to equip Nigerians with the knowledge needed to navigate the evolving landscape of financial services and contribute to the country’s economic development.
