Centra Bank Nigeria (CBN) to reduce the volume of N500, N1000 in circulation to curb inflation
Nigeria’s central bank governor, Godwin Emefiele has announced the apex bank is planning to reduce the volume of N500 and N1000 notes in circulation “over time”. The governor made this known in his briefing to the media at the monetary policy communique held on November 22nd, 2022. He was responding to questions about the ease of counterfeiting … Read more