At that time, it was naira. Probably, if it were foreign currency ... No one asked questions: Do we mint dollars in Nigeria? Can anyone legally spend dollars in the Nigerian market?

The Central Bank of Nigeria (CBN) has denied claims that the Nigerian Security Printing and Minting Company Plc (NSPMC) does not have enough materials to print the new Naira notes. Spokesman for ...

The most recent was NGNT by the Token Mint consortium in 2019 ... NGNT is pegged 1:1 with the Naira and is on the Binance Smart Chain and the Ethereum Network, as BEP-20 and ERC-20 tokens ...

The Central Bank of Nigeria, CBN, has imposed a fine of N150 million on Deposit Money Banks found culpable of issuing illegal flow of mint naira notes to currency hawkers across the country.

The apex bank stated that any financial institution found facilitating the illicit flow of mint naira notes will face a hefty fine of N150 million per branch. In a circular signed by Solaja ...

The NSPMC stated on its website, “The MINT has been in charge of the production of local currency notes since they were introduced in 1965. It does this on behalf of the Central Bank of Nigeria. ...

It’s business,” she said. When Saturday PUNCH approached a banker in the state, pretending to need new mint naira notes, the bank worker disclosed that she often sold N200,000 mint notes for ...

Nigeria’s naira weakened sharply on the official market against the dollar, pushing it above levels on the unauthorized parallel market despite government promises to stem volatility. The ...