Plus234Feed

CBN Launches Campaign in Kano to Promote Naira Dignity

Business

The Central Bank of Nigeria (CBN) launched a sensitization campaign in Kano, focusing on major markets to promote the proper handling of the naira. Ibrahim Yahya, a representative from the CBN Currency and Operations Department, stated that the naira symbolizes Nigeria’s sovereignty and should be treated with dignity.

He highlighted that the CBN and the Federal Government invest significant resources in replacing dirty or mutilated notes due to poor handling. Yahya explained that careful handling of the naira extends its lifespan and reduces replacement costs.

The campaign began at Galadima Market, chosen for its importance in cash transactions, particularly in Kano, a key commercial hub. Yahya noted that traders play a crucial role in preserving the currency's quality as they handle large cash volumes.

The CBN plans to extend this initiative to other major markets, including Sabon Gari Market, Abattoir, Yankaba Market, Tarauni Market, Yan Lemo, and Dawanau International Grains Market, urging all users of the naira to handle it with pride.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

Read full article

Continue on Daily Trust

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.