The Central Bank of Nigeria (CBN) says the naira is without doubt one of the strongest currencies on this planet, urging Nigerians to deal with with integrity.
The CBN stated this when it hosted its flagship sensitisation occasion, the CBN Truthful, in Lagos, in a bid to bolster public belief in Nigeria’s foreign money and deepen {financial} inclusion, spotlighting the significance of preserving the dignity of the naira and embracing various fee channels.
On the coronary heart of the marketing campaign was Paul Onuoha, a senior official from the CBN’s Foreign money Operations Division, who led an interactive session on figuring out counterfeit notes and understanding the safety features embedded within the naira. His presentation underscored the resilience of Nigeria’s foreign money in opposition to forgery.
“Naira is without doubt one of the strongest currencies on this planet with regards to safety features,” Onuoha stated, as he demonstrated sensible strategies for recognizing pretend notes.
The honest, themed “Driving Different Fee Channels as Instruments for {Financial} Inclusion, Progress and Accelerated {Economic} Improvement”, introduced collectively a various mixture of stakeholders together with entrepreneurs, fintech innovators, {financial} establishments, market leaders, college students, and youth {groups}.
Hakama Sidi-Ali, Performing Director of the CBN’s Company Communications Division, emphasised the {bank}’s dedication to participating immediately with the general public on insurance policies that promote sustainable progress and financial stability.
“We additionally urge you to protect the dignity of our foreign money by avoiding abuse. Don’t spray, hawk, mutilate, or counterfeit the naira. Respect and hold it clear,” she stated.
Sidi-Ali famous that below the management of Governor Olayemi Cardoso, the CBN stays targeted on stimulating productiveness, increasing {financial} entry, and sustaining worth stability.
Sunday Daibo, CBN’s Lagos Department Controller, described the honest as greater than an exhibition, it was a celebration of collective dedication to {economic} resilience and nationwide improvement.
“Let this honest be a launchpad for initiatives that may carry the advantages of other fee channels to each nook of our nation,” Daibo stated.
Different audio system, together with Ayodeji Ojo from the Different {Financial} Establishments (OFI) Supervision Division, highlighted the position of the CBN in defending financial savings, selling entry to credit score, and strengthening belief in licensed {financial} establishments.
The occasion additionally featured discussions on open banking, fee system improvements, and the strategic significance of a powerful naira in attracting funding and fostering a vibrant economic system.
With Paul Onuoha’s expert-led session anchoring the honest’s message, the CBN reaffirmed its dedication to foreign money integrity and inclusive {financial} progress—sending a transparent sign that the naira isn’t just a medium of trade, however a logo of nationwide pleasure.
