…the Ghana Police Service, has arrested seven persons for allegedly abusing Ghana cedi banknotes by using them to create money bouquets. The suspects were nabbed during a joint operation targeting individuals engaged in the production and sale of money bouquets. Speaking to the media, Head of the Statistics Office at th…

…the growing abuse of the naira, warning that the widespread defacing and mishandling of banknotes is driving up the cost of currency management while reducing the lifespan of Nigeria's legal tender. CBN Governor, Olayemi Cardoso, made the remarks in Abuja during the launch of the Naira Ambassadors Club, an initiative d…

The Central Bank of Nigeria approved 5.71 billion banknotes for 2025, a 20.5% jump from the 4.74 billion pieces approved the previous yearNigeria's currency in circulation climbed to N5.73 trillion in 2025, continuing a sharp upward trend from N3.33 trillion recorded in 2021Local printer NSPM delivered only 62% of its…

…to safeguarding the integrity of the Naira, ensuring confidence in all duly issued banknotes, and promoting smooth currency circulation across the country. Accordingly, members of the public are urged to accept and transact with all banknotes legally issued by the Central Bank of Nigeria." The post CBN: Standard N100 n…

…protecting the integrity of Nigeria's currency, ensuring confidence in all duly issued banknotes and supporting the smooth circulation of cash nationwide.It urged traders, transport operators, businesses and all users of cash to accept every banknote legally issued by the Central Bank of Nigeria. The CBN also advised m…