"The CBN has noted with dismay the prevalence of illicit flow of mint banknotes to currency hawkers and other unscrupulous economic agents that commodify naira notes, thus impeding efficient and ...
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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