The latest altercation between the Central Bank of Nigeria (CBN) and the Ministry of Finance, Budget and National Planning on redesigning the Naira has for the umpteenth time exposed the level of lack of coordination..
The Central Bank of Nigeria, CBN, may have since announced that the naira notes of 200, 500 and 1,000 would be redesigned for some reasons, but it is the Nigerian Security Printing and Minting Company (NSPMC), a government-owned banknote printer and mint that will see the action through.
WITH an unusually inept Central Bank of Nigeria governor like Godwin Emefiele and the unprecedently anything-goes climate that the Muhammadu Buhari regime
Barely two days after the Central Bank of Nigeria (CBN) announced plans to redesign the naira with the new notes billed to be in circulation from December 15, 2022, the Minister of Finance, Budget and National Planning