Naira Notes

Heartbreaking Video Shows Billions Of Rotten Naira Notes Dumped In River Side In Benue State

Again Nigerians were alarmed when heaps of sacks containing spoilt naira notes were dumped in a warehouse at a riverside in Benue State. In the viral video hordes of residents in the area rushed to the scene where the notes, kept in sacks, have defaced beyond repairs. Residents alarmed by spoilt billions A voice in […]

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CBN To Reduce Number Of N500 And N1000 In Circulation

The Central Bank of Nigeria plans to reduce the number of N500 and N1000 notes in circulation to curb inflation. The governor of the Central Bank of Nigeria, Godwin Emefiele, disclosed this during the Monetary Policy Committee meeting o November 22, 2022. Plans to introduce lower denomination underway The CBN helmsman was responding to questions

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