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Bitcoin.com

2022-12-30 05:30:12

Report: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency

Report: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency

During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly $1.8 billion used to manage the local currency, over 90% of this total was reportedly used to fund expenses associated with the production of banknotes. The Growing Cost of Maintaining

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