Thursday, 2nd February 2023
<To guardian.ng
Search

circulation Banking system

23 Nov
The CBN governor, Godwin Emefiele, said the decision was prompted by concerns with the management of the current series of banknotes, the increasing risk of naira counterfeiting as well as the persistent large-scale hoarding of the naira which has resulted in a worrisome situation where over 80 percent of the currency in circulation is outside the banking system.

Latest

6 hours ago
At the start of a trip to Democratic Republic of Congo, Pope Francis has said that Africa is not a "mine to be stripped" as he took aim at the "poison of greed" fueling conflicts on the continent.
6 hours ago
EXCLUSIVE: For the past decade, Wolfsburg have ruled women's football in Germany and this Bundesliga season is no different. Financial clout helps, but as star striker Ewa Pajor tells DW, success is in the club's DNA.
6 hours ago
We know a lot about how mummies were embalmed, but the specific substances and mixtures and how exactly they were used have long eluded us — until now.
9 hours ago
With his appointment, the 34-year-old Israeli musician adds another top-notch orchestra to his portfolio. Shani's predecessor, Valery Gergiev, was fired in 2022 after failing to condemn Russia's invasion of Ukraine.
9 hours ago
In some species of anglerfish, including a very rare footballfish (Himantolophus melanolophus), the small male tracks down a female and bites on to her. When she releases her eggs, he fertilises them then swims off into the dark to search for another mate.
9 hours ago
The FBI search of the president's second home in Delaware has ended without classified documents being unearthed. Classified documents had previously been found in Biden's other home and a former office.