The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean currency notes in the right mix, urging citizens to become ambassadors of clean Naira. This pledge was made by MHakama Ali, Acting Director of the Corporate Communications Department, during the CBN Special Day at the 20th Abuja International Trade Fair (AITF). The fair, which runs from September 25 to October 6, is themed “Sustainable: Consumption, Incentives and Taxation.”
Ali emphasized that the CBN will continue to provide clean notes and called on the public to respect and preserve the Naira by avoiding practices such as spraying, hawking, mutilating, or counterfeiting. The bank’s management is dedicated to tackling challenges faced by Nigerians, aiming to boost productivity and strengthen the local economy against external shocks. To achieve economic sustainability, the CBN is focusing on three key areas: robust financial systems, a stable foreign‑exchange market, and close collaboration between monetary and fiscal authorities.
These efforts have yielded positive results. External reserves rose to $43.05 billion on 11 September 2025, up from $40.51 billion at the end of July 2025. The CBN has also addressed macro‑economic challenges, keeping the banking system robust and resilient. Recently, 14 banks met their recapitalization requirements, and the central bank is closely monitoring the remaining institutions to ensure the exercise’s successful completion.
The trade‑fair theme aligns with the CBN’s goal of improving investor confidence, reflected in a significant increase in foreign investment. The bank will continue to lead innovations in the payments landscape through its Payme Systems Vision 2028 initiative, which aims to future‑proof Nigeria’s payments ecosystem, broaden financial inclusion, enhance security, and minimize downtime for faster, more efficient transactions.
The CBN’s commitment to youth empowerment, capacity building, and targeted sectoral interventions—particularly in agriculture, housing, healthcare, and education—was praised by Agaidu Jideani, Director‑General of the Abuja Chamber of Commerce and Industry (ACCI). Stabilizing inflation and maintaining confidence in the financial system remain essential for business sustainability and competitiveness. By reducing barriers to doing business and de‑risking critical sectors for private investment, the CBN is fostering a more inclusive and resilient economy.
As the central bank pursues economic sustainability, its focus on clean currency notes, financial inclusion, and payment‑system innovation will be crucial in guiding Nigeria toward robust and inclusive growth.
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