Naira
Following the outbreak of coronavirus, the CBN has issued a warning to Nigerians using naira notes.
The Central Bank of Nigeria (CBN) on Tuesday advised Nigerians to
use other alternative payment methods like electronic transfers to avoid
the spread of Coronavirus.
The CBN Director of Corporate Communications, Mr Isaac Okoroafor,
during a telephone interview with NAN in Lagos gave the advice of using
alternative payment method since Coronavirus can easily be transmitted
by touching surface or objects that had the virus and then touching
one’s mouth, nose or possibly the eyes.
“In times like this, it is advisable for Nigerians to adopt
alternative payment methods such as electronic transfers, internet
banking, USSD, etc, to avoid the disease – Covid-19.
“The Naira note is one surface that people touch every day. It
will be wise for us to wash hands after handling money, especially if
you are eating or touching food,” he said.
Okoroafor said these alternative payment methods with the benefits, were well developed and worked well.
He said: ”Its efficiency has minimised liquidity, settlement,
systemic credit and operational risks which were inherent in financial
transactions.
“It is secured, reliable, accessible, prompt and cost effective to meet all users’ needs. Nigerians should use it.’’
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