CBN restates commitment to sustaining economic stability

CBN restates commitment to sustaining economic stabilit

The Central Bank of Nigeria (CBN) has restated its commitment to driving productivity, expanding financial inclusion, and maintaining monetary and price stability as part of efforts to strengthen the nation’s economy.

CBN Governor, Mr. Olayemi Cardoso, gave the assurance while declaring open the 2025 CBN Fair at the Mineet Event Centre in Kano on Tuesday.

Represented by the Acting Director of Corporate Communications, Mrs. Hakama Ali, he explained that the fair was created as a platform for direct interaction with the public on the Bank’s policies aimed at sustainable economic growth and national development.

“The main goal of this engagement is to educate Nigerians on how the Bank’s policies impact their daily lives, improve their livelihoods, and support the overall growth and development of the nation’s economy,” Cardoso said.

The Central Bank of Nigeria (CBN) has introduced the Unified Complaints Tracking System to further safeguard bank customers and boost consumer confidence.

Speaking at the event, the CBN Governor noted that the theme of the fair, “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth, and Accelerated Economic Development,” was carefully selected to highlight the critical role of SMEs and other key sectors in achieving price stability.

In her welcome remarks, the Acting Branch Controller of CBN Kano, Hajiya Saudatu Muhammad, stressed that the fair offers a valuable platform for the public to engage directly with the Bank. She described this year’s theme as timely and encouraged participants to apply the insights gained to strengthen financial institutions and support Nigeria’s economic growth.

The programme featured paper presentations on diverse topics, followed by an interactive question-and-answer session designed to enlighten the public on specific CBN policies.

The 2025 edition of the fair recorded a large turnout, attracting representatives from the Association of Mobile Money Operators, National Orientation Agency, Nigeria Security and Civil Defence Corps, academia, the Nigerian Army, commercial banks, the business community, NYSC, and the media, among others.