One of CBN’s key tasks is the distribution of clean Naira notes.
CBN once again will be moping N200 to N1,000 notes from Nigerians
The Central Bank of Nigeria said it disposed 1.51 billion pieces of banknotes worth N698.48 billion in 2020 This was disclosed in the recently released Annual Report 2020 as compiled by the CBN’s Currency Operations Department.
CBN stated: “At the end of December 2020, a total of 1.51 billion pieces (151,427 boxes) worth N698,593.29 million were disposed of, compared to 1.57 billion pieces (157,217 boxes) worth N814,437.60 million in 2019.
