The Nigerian House of Representatives has urged the Central Bank to withdraw old Naira notes and enhance the circulation of new N200, N500, and N1000 notes. Lawmakers emphasized the need for public awareness ahead of the December 31, 2024 deadline, reflecting on past currency redesign...
The Central Bank of Nigeria (CBN) has again called on Nigerians to handle the Naira with care, restating that the N50,000 fine on abuse of the currency stands.
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The Central Bank of Nigeria (CBN) has said that it is working with market associations and other stakeholders to enhance the circulation of new naira notes. The move, according to the central bank, was part of efforts to ensure that the high incidence of dirty naira notes and currency …...
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