Tag: mutilation
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Mutilate, spray Naira notes in parties, go to jail, CBN warns Nigerians
The Central Bank of Nigeria (CBN) has issued stern warnings against spraying, selling and mutilation of naira notes to avoid going to jail. Expressing worry over the act, which it said is becoming common practice among Nigerians, the apex bank said anyone caught would henceforth be made to face the full wrath of the law…
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Stop mutilation of naira notes, we spend billions printing it — CBN tells Nigerians
…Says its symbol of national sovereignty The Central Bank of Nigeria (CBN) has condemned the mutilation of naira notes, saying it represents an abuse on national sovereignty. Mr. Isaac Okorafor, CBN’s acting Director of Corporate Communications, made the condemnation in an interview with newsmen on Wednesday in Abuja. According to Okorafor, the mutilation of the…