Tag: Naira notes

  • CBN Spends N58.6bn To Print 2.5bn Naira Notes

    CBN Spends N58.6bn To Print 2.5bn Naira Notes

    The Central Bank of Nigeria has spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at  1. 063 trillion in 2020. This was contained in the bank’s 2020 Currency Report indicating a decrease in the bank’s expenditure on currency printing, which stood at N75. 523 billion, in 2019 and N64. 040…