Tag: Arabic inscriptions
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Naira Redesign: CBN governor, Emefiele speaks on removal of Arabic inscriptions
The Central Bank of Nigeria, (CBN), Governor, Godwin Emefiele has assured that Arabic inscriptions on the naira note would still reflect on the newly designed ones. This was put in the public domain by the former Emir of Kano, Muhammadu Sanusi. Sanusi noted that the CBN governor confided in him that the Arabic wordings will…
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CBN opposes moves to remove Arabic inscriptions from Naira notes
The Central Bank of Nigeria (CBN) has opposed a suit seeking to remove the Ajami (Arabic) inscriptions on naira notes. It told the Federal High Court that it would cost the country a “colossal sum of money” to discard the existing notes and print new ones without Ajami. The CBN said Ajami is not a…