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Cryptocurrencies: 30026
Markets: 115914
Market Cap: $2,651,201,004,591     
24h Vol: $60,169,329,809
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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