Naira Redesign: CBN Assures Nigerians Of Stability

13/ 02/2023


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The Central Bank of Nigeria CBN is appealing to Nigerians not to panic as Nigeria’s payment system infrastructure is robust enough to handle all volumes of financial transactions across the country despite the hitches experienced in accessing cash.

Director, Corporate Communications Department of the Apex Bank Osita Nwanisobi who gave the assurance in Kaduna reiterated that the naira redesign policy is in good fate.

Osita explained that the CBN is not unmindful of the current challenges experienced by Nigerians in accessing cash, noting that the apex bank is doing everything possible to address the situation.

The CBN also insisted that the new monetary policy of naira redesign was not to target anybody or group.


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