By Racheal Ishaya
The Central Bank of Nigeria (CBN) has rolled out measures to ensure that at least 80 per cent of Nigerians have access to banking and other financial services.
The apex bank also on Thursday released new policy frameworks on consumer protection, financial literacy and financial education.
The bank unveiled measures in the National Financial Inclusion Strategy released inb Abuja.
Mrs Aisha Ahmad, the CBN Deputy Governor on Financial System Stability, made the presentation at the National Financial Literacy Stakeholders’ Conference in Abuja.
“Adequate consumer protection is critical to sustaining the long term viability of the financial sector because consumer protection is a necessary precursor to building and maintaining trust in the formal financial sector.
“An essential pillar of any consumer protection regime is consumer education, which is founded on financial literacy.
“The benefits of a financially literate…
Source: News Agency of Nigeria
