The Central Bank of Nigeria (CBN) has restated its commitment to boosting productivity, expanding financial inclusion, and maintaining monetary and price stability as part of efforts to strengthen the economy.
CBN Governor Olayemi Cardoso gave the assurance on Tuesday while declaring open the 2025 CBN Fair at the Mineet Event Centre in Kano. He was represented by the Acting Director of Corporate Communications, Hakama Ali.
Cardoso said the fair was designed to engage directly with the public on the bank’s policies and their impact on economic growth and national development. “The core objective of this engagement is to sensitise members of the public on how the Bank’s policies enhance their lives and contribute to the growth of the Nigerian economy,” he noted.
According to him, key policies introduced in the last two years include exchange rate unification to reduce volatility, bank recapitalisation to strengthen competitiveness, and the launch of a non-resident BVN to connect Nigerians abroad to domestic banking. The apex bank also introduced the Nigeria Payments System Vision 2028 (PSV 2028) to accelerate digital transformation and a Unified Complaints Tracking System to protect customers.
Themed “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development,” the fair featured paper presentations, interactive sessions, and participation from stakeholders across the financial sector, security agencies, academia, and civil society.
Earlier, Acting CBN Kano Branch Controller Saudatu Muhammad described the fair as an opportunity for the public to interact directly with the institution and urged participants to apply the knowledge gained to support financial growth and stability.
