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    CBN Financial Inclusion & Monetary Stability at 2025 Awka Fair – Key Takeaways & Updates

    FinTech TodayBy 5 Comments3 Mins Read
    CBN Reaffirms Commitment to Financial Inclusion at 2025 Awka Fair
    CBN Reaffirms Commitment to Financial Inclusion at 2025 Awka Fair

    CBN Reaffirms Commitment to Financial Inclusion and Monetary Stability at 2025 Awka Fair

    By Ndefo Onyekachukwu | November 22, 2025
    The Central Bank of Nigeria (CBN) has reiterated its dedication to advancing financial inclusion, stimulating national productivity, and maintaining monetary and price stability as core pillars for strengthening the economy. This assurance came during the 2025 CBN Fair, hosted at the International Convention Centre in Awka, Anambra State, South East Nigeria, on November 21, 2025.

    The event, themed around driving alternative payment channels for inclusion and growth, featured financial literacy sessions, stakeholder engagement, and warnings against naira abuse, underscoring CBN’s grassroots outreach efforts.
    CBN Reaffirms Commitment to Financial Inclusion at 2025 Awka Fair

    Event Highlights and CBN’s Key Messages

    The Awka Fair, part of CBN’s annual series, drew residents, businesses, and community leaders to promote awareness of monetary policies and digital financial tools. Branch Controller of the CBN Awka Branch, Mr. Akobundu Onwuchekwa, welcomed participants, commending the Corporate Communications Department for sustaining these initiatives.

    He emphasized the branch’s role in cascading CBN policies at the local level to support Anambra’s economic aspirations.
    CBN representatives engaged attendees on:

    • Financial Literacy: Educating on safe naira handling to prevent mutilation and counterfeiting.
    • Digital Payments: Promoting alternative channels like mobile money and POS systems to reduce cash dependency.
    • Inclusion Efforts: Highlighting tools like the Nigeria Payments System Vision 2028 (PSV 2028), which aims to accelerate digital transformation and minimize transaction downtime.
      Onwuchekwa reaffirmed Awka Branch’s commitment to stakeholder engagement and seamless service delivery, aligning with CBN’s broader mandate under Governor Olayemi Cardoso.
    CBN’s Broader Commitment to Inclusion and Stability
    This event fits into CBN’s ongoing 2025 strategy, echoing similar reaffirmations at fairs in Kaduna, Calabar, and Kano.
    Key pillars include:
    • Financial Inclusion: Expanding access via non-resident BVN for diaspora Nigerians and 75% Cash Reserve Ratio (CRR) on non-Treasury Single Account (TSA) deposits to enhance liquidity.
      economicconfidential.com
    • Monetary Stability: Sustaining price controls and productivity through policy tools like PSV 2028, which targets faster, safer transactions.
    • Public Awareness: Combating naira abuse and promoting consumer protection, as seen in recent campaigns.
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    CBN’s efforts align with the Financial Inclusion Steering Committee (FISC), chaired by the Governor, which guides strategy implementation since 2015.
    Impact on Nigeria’s Economy
    These commitments are timely amid 2025’s challenges, including inflation at ~25% and naira volatility. By deepening inclusion (targeting 80% adult access by 2025), CBN aims to boost GDP growth to 3.5–4%.
     Events like the Awka Fair foster trust and adoption of digital tools, reducing cash reliance.
    For more on CBN’s inclusion drive, see the official Financial Inclusion page.

    What’s your take on CBN’s 2025 strategy? Comment below!

    Sources:

    • Voice of Nigeria: CBN Restates Commitment to Financial Inclusion
    • PunchNG: CBN Takes Currency Education to Anambra
    • Leadership NG: CBN Reaffirms Commitment to Financial Inclusion
    • Economi Confidential: CBN Reaffirms Commitment to Price and Monetary Stability
    • AllAfrica: Nigeria: CBN Reaffirms Commitment to Financial Inclusion
    • ThisDayLive: CBN Reaffirms Commitment to Financial Inclusion
    • Tribune Online: CBN Reaffirms Commitment to Tinubu’s Economic Reforms
    • PunchNG: CBN Reaffirms Commitment to Economic Stability
    • CBN Official: Financial Inclusion

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