The Central Bank of Nigeria has unveiled the *997# USSD code in Kano State as part of efforts to reduce the use of cash in commercial activities in the country.
The Deputy Governor, Operations Directorate of the CBN, Mr Folashadun Adebisi Shonubi says it was another milestone in delivering digital financial services to Nigerians and enabling their participation in the global digital economy.
He urged Nigerians to embrace the central bank digital currency, describing it as safe, saying it would help in reducing the number of the country’s unbanked population.