CBN reaffirms commitment to financial inclusion to strengthen productivity

Abdullateef Fowewe

The Central Bank of Nigeria (CBN) has reaffirmed its unwavering commitment to promoting financial inclusion, boosting productivity, and maintaining monetary and price stability.

This declaration was made during the Lagos and Abeokuta fairs, themed “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development.”

In a statement shared on X, the CBN underscored the critical role of inclusive financial systems in fostering sustainable economic growth.

The fairs served as a platform to showcase and encourage the adoption of innovative alternative payment channels aimed at enhancing accessibility to financial services across all segments of the Nigerian population.

“The Central Bank of Nigeria (CBN) has restated its commitment to driving financial inclusion, stimulating productivity, and delivering on its mandate of monetary and price stability at the Lagos and Abeokuta Fairs with the theme ‘Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development,’” the statement established.