Tag: mutilated naira notes

The Central Bank of Nigeria (CBN) has listed 8 activities considered as currency abuse of the Nigerian Naira. The apex bank stated this on its website to educate citizens on Clean Notes Policy. According to CBN, the Clean Notes Policy was instituted in a bid to improve the physical appearance and lifespan of the banknotes […]

A video showing mutilated naira notes hidden inside sacks has surfaced on social media. The notes were discovered weeks after CBN announced the introduction of new designs which were later unveiled by President Muhammadu Buhari. The newly re-designed national legal tender come in N200, N500 and N1000 denominations. In a video that is making the […]