minting

by Simon Kolawole Let me state clearly that I am not one of those who expect Nigeria to develop overnight. I’m a realist. I don’t expect to go to bed tonight and wake up tomorrow to discover that all the mosquitoes, rats and cockroaches have disappeared. It took decades to destroy Nigeria. It will take... Read More

economy, GDP, growing, minting, nigeria, opinion, overnight, President Goodluck Jonathan, simon kolawole, top, ynaija

September 13, 2012

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“We were held ransom by polymer note printers” – CBN spokesman (and other stories)

by Isi Esene The Central Bank of Nigeria (CBN), through it Deputy Governor, Operations, Tunde Lemo, today revealed that one of the reasons for pursuing the phase-off of the polymer currency notes is to halt the undue advantage held by the Australian firm printing the notes. Lemo explained that under the monopoly which the CBN... Read More

CBN, central bank of Nigeria, minting, printing, review, Sanusi Lamido Sanusi, Securency International Pty, Tunde Lemo, Ugochukwu Okoroafor