CBN to achieve 85% financial inclusion soon — Emefiele

The Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has expressed optimism that the bank would soon achieve the 85 per cent financial inclusion rate target in Nigeria

According to him, the nation’s current rate is slightly below 70 per cent.
Emefiele disclosed these at the headquarters in Abuja, yesterday, while playing host to a delegation of Executive Directors from the Bank of Uganda, who were on an experience sharing tour of the CBN’s Central Bank Digital Currency, CBDC, project.

The CBN governor also noted that the interest the novel eNaira was attracting from other countries and multinational bodies such as the International Monetary Fund, IMF, and the World Bank, underscored the level and quality of work the CBN had put into the project.