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5 w - Translate

Nigeria Govt. says Naira Abuse ‘Inflates Printing Cost’

The Nigerian Central bank has warned Nigerians to stop abusing the naira, noting that poor handling of the banknotes increases the cost of printing and replacing them.

According to the bank, ₦315.18bn was spent on currency issue expenses in 2024, from the ₦77.67bn spent in 2023, a staggering 306 per cent increase.

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Chidinma Okoro

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Spot the lie and see the long term goal...
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Sandra Williams

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