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Home Finance | Insurance | Pension

‘CBN Building a Safe and Sound Financial System’

EconomyFoot Print by EconomyFoot Print
September 24, 2025
in Finance | Insurance | Pension, News
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The Central Bank of Nigeria (CBN)has assured it is committed to building a safe, sound and secured financial system.

This is even as the apex bank has said it is driving financial inclusion and growth.

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The CBN reiterated both commitments at the CBN hosted trade fairs in Kaduna and Kano states.

The Fair in Kaduna had the theme “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development.”

The Fair saw in attendance NYSC corps members, youth-led organisations, market women associations, security agencies, FinTech operators, and other stakeholders to promote financial literacy, provide a platform where presentations and dialogue centred on how the Bank’s policies are shaping a safer and more inclusive financial system.

In her remarks, Mrs. Hakama Sidi Ali, Acting Director, Corporate Communications Department, reiterated the Bank’s commitment to maintaining a safe and secure financial system through key initiatives such as the Nigeria Payments System Vision 2028 (PSV 2028) and the Unified Complaints Tracking System (UCTS). She further encouraged participants to adopt innovative channels, safeguard the Naira, and leverage digital platforms for inclusive growth.

In Kano, the theme was Driving Financial Inclusion and Growth. It brought together stakeholders, business owners, and the public to discuss the Bank’s policies under the theme “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development.”

In her opening remarks, Mrs. Hakama Sidi Ali, Acting Director, Corporate Communications Department, highlighted the CBN’s strides in exchange rate unification, bank recapitalisation, financial inclusion, and the launch of the Nigeria Payments System Vision 2028.

She further noted the positive impact of these reforms, including increased foreign investment inflows, improved trade balances, and enhanced consumer protection through initiatives like the Unified Complaints Tracking System and USSD code verification. The Fair provided participants with information on various concerns, including complaints management, customer rights and responsibilities, FinTech security, and several others.

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