…and it is illegal and unlawful," she said. Ms Bondzi stressed that the Ghana cedi is the legal tender of the Republic of Ghana and must be treated with respect. She cautioned that individuals who engage in, aid, facilitate or promote the misuse of the currency risk arrest and prosecution by the appropriate law enforcem…

…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 designed to educate students on the proper handling of the national currency and encourage greater…

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 …

…The Central Bank of Nigeria (CBN) has stated that the Standard N100 note is still a legal tender and must be accepted for all transactions. The apex bank, in a statement by its Ag. Director, Corporate Communications, Mrs. Hakama Sidi-Ali, yesterday, said the clarification became necessary, following reports that some m…

…institutions against rejecting the standard ₦100 banknote, reaffirming that it remains legal tender and must be accepted for transactions across the country.The clarification follows reports that some Nigerians have refused to accept the standard ₦100 note due to uncertainty surrounding its validity after the introduct…