Cryptocurrency Q&A
Who produces naira notes and coins?
Who produces naira notes and coins?
BlockchainVisionary
Sat Jan 25 2025
|
6
answers
1109
I'm curious about who is responsible for the production of Nigerian currency, specifically the naira notes and coins. I want to know which institution or organization handles this task.
6 answers
CherryBlossomGrace
Mon Jan 27 2025
Following their production, the Central Bank of Nigeria (CBN) takes charge of issuing the Naira notes and coins into circulation.
Was this helpful?
133
31
BitcoinWarrior
Mon Jan 27 2025
The Nigerian Security Printing and Minting Plc, alongside other overseas printing and minting companies, is responsible for the production of Naira notes and coins.
Was this helpful?
140
61
CryptoSavant
Mon Jan 27 2025
These currency items undergo the process of printing and minting, ensuring they meet the required standards and specifications.
Was this helpful?
384
84
AmyDavis
Sun Jan 26 2025
In a significant development reported by the CBN in its 2007 Annual Report, there was a notable increase in the volume of banknotes produced.
Was this helpful?
154
72
Luca
Sun Jan 26 2025
Specifically, the report stated that the number of banknotes produced by the Nigerian Security Printing and Minting Plc ROSE from 583.1 million pieces to a substantial 1,550 million pieces.
Was this helpful?
111
38
Load 5 more related questions
