Vunderkind
Social Member
Kano Branch Controller of the Central Bank of Nigeria (CBN) Mrs. Ameena Pindar Abubakar, has stated that in 2013, CBN discovered N1, 224,000.00 fake notes in the state.
Speaking during the Kano bankers committee annual dinner and customers forum for the year 2013 held at Tahir Guest Palace Kano, Mrs. Abubakar said, “under the currency management and processing operations, a total of N29, 277,200.00 was discovered as shortage against the banks while N205, 055.00 was discovered as surplus and N1, 224,000.00 was recorded as fake notes during the year in review.”
She added that in the year under review, Agricultural Credit Guarantee Scheme (ACGS) of the CBN recorded 1586 loans valued at N313, 912,000.00 being guaranteed in the state. Mrs. Abubakar also stated that a total number of 3276 loans valued at N467, 695,000.00 were recovered.
Speaking during the Kano bankers committee annual dinner and customers forum for the year 2013 held at Tahir Guest Palace Kano, Mrs. Abubakar said, “under the currency management and processing operations, a total of N29, 277,200.00 was discovered as shortage against the banks while N205, 055.00 was discovered as surplus and N1, 224,000.00 was recorded as fake notes during the year in review.”
She added that in the year under review, Agricultural Credit Guarantee Scheme (ACGS) of the CBN recorded 1586 loans valued at N313, 912,000.00 being guaranteed in the state. Mrs. Abubakar also stated that a total number of 3276 loans valued at N467, 695,000.00 were recovered.
