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CBN cites hoarding, counterfeiting as reasons for redesigning naira

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Tribune Online
CBN cites hoarding, counterfeiting as reasons for redesigning naira

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THE Central Bank of Nigeria (CBN) has cited vital hoarding of naira, worsening scarcity of fresh and match banknotes as nicely as the benefit of counterfeiting as the reasons behind the choice to revamp and reissue N100, N200, N500 and N1000 notes.  The CBN Governor, Godwin Emefiele, who introduced the apex financial institution’s choice to revamp […]

CBN cites hoarding, counterfeiting as reasons for redesigning naira
Tribune Online

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Author: Joseph Inokotong – Abuja 

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