The Central Bank of Nigeria (CBN) has restated its commitment to ensuring the availability of clean and durable Naira notes while urging Nigerians to treat the currency as a national symbol that must be respected.
Speaking during the CBN Special Day at the ongoing 20th Abuja International Trade Fair, the Bank’s Acting Director of Corporate Communications, Hakama Ali, said the apex bank was determined to maintain a steady supply of clean notes with the right mix in circulation.
She appealed to Nigerians to support the initiative by handling the currency responsibly.
“Respect it and keep it clean. Do not spray, hawk, mutilate, or counterfeit the Naira. We also encourage you to be ambassadors of the Bank’s clean Naira notes. CBN cannot do it alone. Our Naira, Our Pride,” she said.
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Ali explained that the bank’s broader goal was to strengthen Nigeria’s economy by maintaining a robust financial system, a stable foreign exchange market, and strong collaboration between monetary and fiscal authorities.
She disclosed that Nigeria’s external reserves rose to $43.05 billion on September 11, 2025, up from $40.51 billion at the end of July.
On banking reforms, she noted that 14 commercial banks have met recapitalisation requirements, while the CBN is monitoring the remaining institutions to ensure compliance.
Ali also highlighted the CBN’s Payments Systems Vision 2028, which seeks to deepen financial inclusion, improve security, and enhance transaction efficiency across the country.
Representing her at the event, Deputy Director Ibrahim Abbas stressed that the CBN’s interventions cut across multiple sectors including youth empowerment, agriculture, housing, healthcare, and education.
The Director-General of the Abuja Chamber of Commerce and Industry, Agaidu Jideani, lauded the CBN for its critical role in stabilising inflation, supporting MSMEs with credit access, and ensuring investor confidence.
He described the Bank not just as a regulator but “a vital enabler of growth.”
The trade fair, themed “Sustainable: Consumption, Incentives and Taxation,” runs until October 6.
Image Credit: Vanguard News
