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August 8, 2025
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Counterfeit notes

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N98.82m Counterfeited Banknotes Are In Circulation In Nigeria-CBN

News Rangers6 years ago6 years ago03 mins

LAGOS OCTOBER 17TH (NEWSRANGERS)- The Central Bank of Nigeria (CBN) on Wednesday, said that a total of 119,663 pieces of counterfeit notes with a nominal value of N98.82 million was recorded in 2018. The bank said this in the Currency Operations 2018 Annual Report, posted on its website. The CBN said the figure indicated a…

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