by Lekan Olanrewaju In line with the new cashless economy policy, the Central Bank Nigeria (CBN) this weekend withdrew a total of N150.1 billion from circulation, through sale of treasury bills. According to Bloomberg, the CBN sold N42.97 billion of 91- day bills at a yield of 14.81 per cent, one basis point higher than the 14.80 per... Read More

The Managing Director of the Nigerian Security Printing and Minting Company has stated that three billion pieces of currency notes are printed yearly by the company. Mr Ehi Okoyomon on Thursday spoke at an e-Payment Thought Leadership Breakfast series organized by Intermarc consulting and said while a portion of this figure is kept in vaults... Read More