By Christopher Ameh, Bauchi
The Central Bank of Nigeria (CBN) has said its strategic economic reforms implemented over the past 34 months have laid a strong foundation for sustainable economic growth, financial stability and inclusive development.
The apex bank stated that the measures were already contributing to improved macroeconomic conditions, increased employment opportunities and efforts to reduce poverty across the country.
Speaking at the CBN Fair in Bauchi, themed “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development,” the Acting Director of Corporate Communications and Investor Relations, Mrs. Hakama Sidi Ali, said the reforms were designed to reposition the economy for long-term expansion.
Sidi Ali, who was represented by Deputy Director, Michael Dalyop, highlighted key interventions undertaken by the bank, including market unification, banking sector recapitalisation, digital infrastructure development, liquidity management, benchmark standardisation and the implementation of future-focused monetary policies.
