Fake Naira Notes: CBN Urges Nigerians to Protect Currency's Value, Avoid Abuse
The Central Bank of Nigeria (CBN) has urged Nigerians to protect the value of the Naira and avoid its abuse by being vigilant against fake currency notes. The call was made by the acting director of CBN's Corporate Communications Division, Hakama, during a sensitization exercise in Lagos as part of the organization's drive for financial inclusion.
The CBN Fair focused on alternative payment channels to accelerate economic development. Participants learned how to identify counterfeit notes and understand the security features of the Naira.
The CBN emphasized the importance of financial inclusion, productivity enhancement, and maintaining monetary stability. Various departments within the CBN highlighted the role of alternative payment methods in promoting economic stability and national development.
The National Orientation Agency also warned residents and businessmen in Ilorin to be cautious of counterfeit notes circulating in the market.
Plus234Feed summary based on reporting from Legit NG. Read the original report below.
Read full article
Continue on Legit NG
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
CBN Urges Nigerians to Respect Naira: Fresh Warning Against Hoarding and Abuse
CBN Urges Nigerians To Keep Naira Clean, Assures Of Currency Availability
“Naira among the world’s most secure currencies” – CBN boasts
CBN Declares Naira as One of the Strongest Currencies in the World, Gives Reasons
CBN Intensifies Public Sensitisation in Drive for Financial Inclusion
CBN Drives Economic Growth in Kano - Financial Inclusion in Focus
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
