Naira redesign contributed to exchange rate stability and is combating banditry – CBN

The Central Bank of Nigeria (CBN) has attributed the relative stability in the exchange rate and the successful efforts in combating banditry and ransom-taking to its naira redesign policy. According to the CBN’s Acting Director of Corporate Communications, Dr. Abdulmumin Isa, the redesign of some denominations of naira was for the overall interest of Nigeria... Read More