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JUST IN: CBN Tasks Banks On Strengthening Operational Capacity Ahead E-Naira Launch

CBN Tasks Banks On Strengthening Operational Capacity Ahead E-Naira Launch

A report from theguildng.com brought to our notice that the Central Bank of Nigeria (CBN) has urged Deposit Money Banks (DMBs) to strengthen their operational capacity to effectively harness the opportunities of the E-naira.

The details of the report say that the Central bank argued that with the recent disruption and advancement in technology which birthed safe digital currency already been accepted as a legal tender in most countries, and it is also important commercial banks in Nigeria prepare for the future of naira.

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The Operations Directorate Deputy Governor of CBN, Folashodun Shonubi, disclosed the tasks at the Chartered Institute of Bankers of Nigeria (CIBN) Advocacy Dialogue, Series 4, held on Thursday in Lagos, which was themed “Central Bank Digital Currencies: Insights for the 21st Century Banker.” Information Guides Nigeria

However, it was made clear by the deputy governor, who said that nations are embracing the opportunities that Central Bank Digital Currency (CBDC) presents for financial inclusion across the globe. JAMB Result

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