Naira abuse – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Wed, 28 Jan 2026 19:47:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Naira abuse – InfoStride News https://www.theinfostride.com 32 32 CBN Warns Nigerians Against Naira Abuse https://www.theinfostride.com/cbn-warns-nigerians-against-naira-abuse/ https://www.theinfostride.com/cbn-warns-nigerians-against-naira-abuse/#respond Wed, 28 Jan 2026 19:00:20 +0000 https://www.theinfostride.com/?p=466908 The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has issued a stern warning to Nigerians over the abuse of the naira, cautioning that practices such as spraying notes at parties, hawking mint notes at events, and mutilating the national currency will no longer be tolerated. The apex bank, he said, will strengthen [...]

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]]> https://www.theinfostride.com/cbn-warns-nigerians-against-naira-abuse/feed/ 0 CBN Cautions Nigerians on Currency Misuse, Cites Rising Printing Costs https://www.theinfostride.com/cbn-cautions-nigerians-on-currency-misuse-cites-rising-printing-costs/ https://www.theinfostride.com/cbn-cautions-nigerians-on-currency-misuse-cites-rising-printing-costs/#respond Wed, 24 Dec 2025 15:49:15 +0000 https://www.theinfostride.com/?p=467206 The Central Bank of Nigeria (CBN) has raised fresh concerns over the growing abuse of the naira, warning that the trend is inflating the cost of currency printing and undermining the integrity of the nation’s legal tender. The apex bank emphasized that careless handling, mutilation, spraying at parties, and hawking of banknotes are driving up [...]

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