Tag: Currency

July 1 in Nigerian History: CBN’s First Banknotes Released

On July 1, 1959, the Central Bank of Nigeria released the country’s first indigenous banknotes, replacing the West…

eNaira: 3 years after, Nigerians yet to embrace digital currency

CBN introduced eNaira on October 25, 2021 following ban of cryptocurrency in Nigeria Three years after, Nigerians are…

PHOTOS: Malian troops arrest currency counterfeiting kingpin, seize 5.3bn fake notes

Malian troops on Friday arrested the mastermind of a counterfeiting trafficking network in possession of 5.3 billion CFA…

N500, N1000 denominations most commonly counterfeited banknotes – CBN

The Central Bank of Nigeria (CBN) on Wednesday, said that a total of 119,663 pieces of counterfeit notes…