But this is not true and the image was generated using an artificial intelligence ... In 2022, the bank initiated plans to redesign naira notes. This led to a temporary shortage as the new notes were ...
Key sections of the Act . The CBN is solely authorized to issue Naira and kobo notes (Sections 17, 18, and 19 of the Act). Counterfeiting Naira notes is a severe offense punishable by up to five ...
The Central Bank of Nigeria (CBN) has reaffirmed the validity of the old Naira notes. It reached last night to rumours making the rounds that the old notes would crime to be legal tender at the ...
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