- CBN Reaffirms Commitment to Clean Naira Campaign
- …Reports Rise in Foreign Reserves
- Mrs. Sidi Ali called on Nigerians to serve as ambassadors of the Clean Naira Policy
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the steady circulation of clean and quality Naira notes across the country while urging Nigerians to treat the national currency with respect as a symbol of pride and identity.
Eko Hot Blog reports that the Bank’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, made this known in Abuja during the CBN’s Special Day at the 20th International Trade Fair.
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She noted that the Bank remains committed to maintaining clean currency notes and the right mix of denominations, but appealed to citizens to support the effort by handling the Naira responsibly.
“While the Central Bank of Nigeria will continue its efforts to ensure the availability of clean currency notes with the right mix, we urge you to see the Naira as our vital symbol of national identity. Respect it and keep it clean. Do not spray, hawk, mutilate, or counterfeit the Naira,” she said.
Mrs. Sidi Ali called on Nigerians to serve as ambassadors of the Clean Naira Policy, stressing that the success of the initiative depends on public cooperation.
“The CBN cannot do it alone. Our Naira, Our Pride. It is only through collective effort that we can overcome challenges and guide our economy towards robust and inclusive growth,” she added.
Reflecting on the theme of the Trade Fair, “Sustainability: Consumption, Incentives and Taxation,” she said it aligns with the Bank’s drive to diversify Nigeria’s economic base, particularly through non-oil exports.
She further highlighted that the theme complements the vision of the CBN Governor, Mr. Olayemi Cardoso, whose reforms aim to restore investor confidence, a development reflected in the recent rise in foreign investment inflows.
“Achieving economic sustainability rests on three key pillars: strong financial systems, a stable foreign exchange market for effective planning, and close collaboration between monetary and fiscal authorities,” she explained.
According to her, the Bank’s ongoing reforms are already yielding positive outcomes, with Nigeria’s external reserves rising to $43.05 billion as of September 11, 2025, up from $40.51 billion at the end of July 2025.
She disclosed that the CBN continues to tackle macroeconomic challenges to ensure a resilient and sound banking sector, with most financial soundness indicators remaining within regulatory benchmarks.
“Fourteen banks have already met their recapitalisation requirements, while the remaining are under close monitoring to ensure full compliance,” she stated.
On innovation and inclusion, Mrs. Sidi Ali highlighted the Bank’s Payment Systems Vision 2028, which seeks to enhance payment security, promote financial inclusion in rural areas, and ensure efficient, seamless transactions across the country.
“The Payment Systems Vision 2028 is a bold initiative designed to future-proof Nigeria’s payments ecosystem by making it faster, safer, and more reliable,” she concluded.
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