The Central Bank of Nigeria has raised concerns over illegal currency dealers charging premiums of 20-40% on naira banknotes. Threat to Naira Credibility The Nigerian central bank has raised alarms over the growing practice in which illegal currency dealers charge a premium on local currency banknotes. According to Olayemi Cardoso, the governor of the Central […]
Premium on Naira Banknotes: Central Bank Condemns, Urges Action Against Illegal Currency Dealers
Bitcoin.com - 19 Mar 2025 23:30
The Central Bank of Nigeria has raised concerns over illegal currency dealers charging premiums of 20-40% on naira banknotes. Threat to Naira Credibility The Nigerian central bank has raised alarms over the growing practice in which illegal currency dealers charge a premium on local currency banknotes. According to Olayemi Cardoso, the governor of the Central […]
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