The Central Bank of Nigeria (CBN) has reaffirmed its resolve to safeguard the interests of consumers while pursuing reforms to deepen financial sector stability and inclusiveness.
This assurance was given by the Acting Director of Corporate Communications, Mrs. Harkama Sidi Ali, during the CBN Fair held in Abeokuta, Ogun State, on Thursday.
The fair, themed “Driving Alternative Payment Channels as Tools for Economic Development,” attracted stakeholders from the financial ecosystem, including microfinance operators, fintech innovators, regulators, small businesses, and academics.
According to Sidi Ali, the programme provides a platform for open engagement between the apex bank and the public on its policies and initiatives. She noted that the CBN’s agenda, encapsulated in its framework “Tools for Financial Inclusion, Growth and Accelerated Economic Development,” was designed to promote value creation, support SMEs, and enhance productivity while ensuring price stability.
“Under the leadership of Mr. Olayemi Cardoso, the bank remains committed to advancing productivity, broadening access to finance, and strengthening its mandate of monetary and price stability,” she said.
She further explained that these policy measures have already begun yielding results, citing increased foreign investment inflows, better trade performance, and notable improvements in Nigeria’s financial inclusion rate.
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