CBN Intensifies Public Sensitisation in Drive for Financial Inclusion

The Central Bank of Nigeria (CBN) has intensified efforts to promote financial inclusion and economic growth through public sensitization. At the inaugural CBN Fair in Lagos, the theme "Driving Alternative Payment Channels: Tools for Financial Inclusion and Growth Accelerated Economic Development" was discussed.

The fair aimed to deepen public understanding of the CBN's policy reforms and engage stakeholders across the financial ecosystem. Acting Director of Corporate Communications, Hakama Sidi Ali, highlighted the CBN's commitment to using technology to empower individuals, boost productivity, and connect communities to economic opportunities.

The fair also addressed key measures such as unification of the exchange rate, reduction of market volatility, and the launch of the Nigerian Forex Code. The CBN emphasized the importance of clean currency and urged the public to respect the naira as a symbol of national identity.

Various innovations in the Nigerian payment system were discussed, including mobile money, agency banking, USSD services, internet banking, contactless payments, digital currency, and open.