According to the Central Bank of Nigeria (CBN), it spent N29.65 billion on currency issue costs in 2022, up 94.66% from the N15.23 billion it spent in 2021. The CBN spent 40.42 percent more on currency rollout than it did on N53.29 billion the year before, according to the latest publication of the apex’s bank … Continue reading CBN Spent N74bn On Naira Redesign, New Notes